Retail & Commercial

A new survey reveals challenges and opportunities for banks looking to serve younger entrepreneurs. Hint: they crave financial guidance and are in it for the long haul.

Iberiabank in Lafayette, La., has added a retired investment banker to its board. The $20 billion-asset company said in a press release Tuesday that Rick Maples, who once was head of investment banking at Stifel Financial, had become a director.

The Federal Housing Finance Agency is soliciting industry input on how to improve Fannie Mae and Freddie Mac's credit risk transfer transactions, for the first time saying it is considering front-end transactions rather than back-end deals.

The Canadian company is determined to rely on low-cost deposits, lending prowess and cross-selling to justify the price it will pay for PrivateBancorp. Each of those strategies could backfire, highlighting why most acquirers emphasize cost-cutting when pitching a deal.

Ever since the financial crisis, starting a bank from scratch has been hard. But opening a digital-only de novo bank is an especially tall order.

WASHINGTON -- The Federal Deposit Insurance Corp. is launching a survey this month to collect data on the small business lending practices of insured banks.

The cryptocurrency ecosystem operates on the fringes of tradition, with "initial coin offerings" announced, discussed and carried out largely via online forums and without regulation. The phenomenon is high-risk and should be treated as such.

The Federal Housing Finance Agency wants mortgage servicers reaching out to delinquent borrowers to be exempt from tough restrictions on robo-calling. But the idea is being panned by consumer groups, who say it would give a free pass to mortgage servicers that have a record of consumer-protection violations.

Columbia Credit Union in Vancouver, Wash., has expanded into neighboring Oregon as the CU continues to eye other opportunities to offer its services beyond its 12 branches in Clark County.

Credit scores are useful in predicting the likelihood of whether someone will repay a loan. However, banks and others need to provide customers with another number that more accurately assesses their financial health.