Retail & Commercial

The $2 billion-asset Hampton Roads said in a press release Wednesday that it will pay $107.2 million in stock for the $1 billion-asset Xenith.

Strong demand for rentals will keep pace with new construction over the next few years, the government-sponsored enterprise says.

Standard & Poor's Ratings Services is warning banks with high levels of exposure to the energy industry to think twice before ramping up their lending in other sectors.

Kelly King, the North Carolina company's chief executive, also noted that BB&T is busy integrating a number of recent acquisitions. It is leaning toward buying back stock, though management could be coaxed into making a deal if the right bank became available.

Bank of America says it has found a growth opportunity courting European companies with U.S. subsidiaries as beleaguered European banks retrench.

The CFPB is reporting on a financial scam targeting older consumers who previously were victims of fraudulent money-making schemes such as timeshare investments and in-home business opportunities.

Should companies that manage collateralized loan obligations but don't originate the loans be subject to Dodd-Frank's risk-retention rules for securitizations?

Sen. Bernie Sanders' victory in the New Hampshire primary will undoubtedly provide fresh momentum for his campaign against Hillary Clinton, but is also likely to subject many of his proposals to a harsher spotlight as his credibility as a candidate grows.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.

Three in four lenders said it is increasingly difficult to find and acquire new customers and that they’re challenged by a low interest rate environment that’s spurring competition for a pool of consumers who receive multiple credit offers, according to a TransUnion survey.