Retail & Commercial

A top CFPB official said student loan companies are at risk of breaking the law if they place people in default when the co-signer of their loan dies or declares bankruptcy. The CFPB’s latest Supervisory Highlights report focuses on problems in the student loan industry.

We are reminded frequently that policies with the best intentions often do not reach their intended recipients and at times lead to previously unforeseen issues.

First Community Financial Partners in Joliet, Ill., has agreed to buy First Mazon Bancorp in Mazon, Ill.

Prosper Marketplace on Monday announced a three-year agreement to offer financing to consumers making improvements to their homes through the website HomeAdvisor.com.

Bluetooth beacons — small nightlight-sized devices that can communicate with a mobile app as shoppers move throughout a store — may have the same potential for bank branches as they do for mega-retailers like Target Corp.

The Wisconsin Department of Financial Institutions closed the $67.1 million-asset North Milwaukee State Bank on Friday.

First Interstate BancSystem in Billings, Mont., has tapped a KeyCorp executive as its new chief credit officer.

C1 Financial in Tampa, Fla., was unable to seize an opportunity to bring in more money for its sale to Bank of the Ozarks in Little Rock, Ark.

A left-leaning group is attacking one of the most prominent Democrats in Washington as being insufficiently tough on payday lenders. The ad shows how once-obscure financial issues are commanding a higher profile this election season.

Capital One, Wells Fargo, Citigroup and FIS are among the financial services companies that believe Amazon's Echo device has a role in the future in digital banking. Here's why.