Retail & Commercial

Barclays identified potential money laundering linked to currency transactions at its business in South Africa, where the British lender plans to wind down its investment.

Summit Financial Group in Moorefield, W.Va., has agreed to buy Highland County Bankshares in Monterey, Va., for $21.8 million in cash. The deal is expected to close early in the third quarter.

Focusing on customer experience and building the best products will mean nothing to your company's bottom line if your bank fails to cultivate a positive culture.

A Malvern Bancorp director has resigned following a disagreement over one of the Paoli, Pa., company's clients.

Univest Corp. of Pennsylvania was negotiating to buy Fox Chase Bancorp when its stock plummeted in August. The decline prompted Fox Chase to seek other offers, while forcing Univest to adjust its proposal to prop up the deal value.

JPMorgan Chase will renew its commitment to support the Institute for Veterans and Military Families, an interdisciplinary national institute focused on the issues affecting military members after they leave the service that the bank co-founded with Syracuse University.

Santander Consumer USA Holdings delayed the filing of its annual report Monday amid discussions with the Securities and Exchange Commission regarding unresolved accounting issues.

Pairing up with corner stores, street teams and college students: all the ways fintech startups and tech savvy banks are trying to use the physical world to attract people to their digital products.

First Federal Bank of Kansas City has agreed to a $2.8 million settlement with the Department of Housing and Urban Development to resolve allegations of redlining in African-American neighborhoods.