Retail & Commercial

Discover Financial Services, the credit-card issuer that’s expanded to student lending and unsecured personal loans, posted first-quarter profit that beat analysts’ estimates as card spending increased.

Community Bank in Pasadena, Calif., said Tuesday that it has named Lyle Knight, a former CEO of First Interstate BancSystem in Billings, Mont., to its board.

Middleburg Financial in Middleburg, Va., is facing pressure from its biggest shareholder to find a buyer.

Several small and midsize banks generated large year-over-year loan growth despite a belief by some outsiders that a slowdown was looming. Bankers may have to spend coming months assuring investors that they can keep booking loans while adequately managing risk.

A federal appeals panel appeared receptive to striking two works from the Dodd-Frank Act that says the CFPB's director can be removed "for cause." Here's what that would mean.

Regions Financial has made clear that it wants to ramp up in consumer and small-business lending, and a big part of its strategy is teaming up with alternative lenders.

Farmers Bank in Frankfort, Ind., has named a new chief executive, after its previous leader died of cancer.

The Ninth Circuit Court of Appeals has rejected an attempt by Allstate Insurance Co. to stop a Telephone Consumer Protection Act class action.

Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.

Revenue at Webster Financial in Waterbury, Conn., hit a record $240.6 million in the first quarter, but expenses related to its expansion in Boston and an uptick in net chargeoffs kept profits flat.