Retail & Commercial

Lloyds Banking Group in the U.K. has made Deborah McWhinney its third nonexecutive director. She joined the board at Lloyds Monday and also serves on its audit and risk committees.

U.S. Century Bank in Doral, Fla., has announced that its chief executive, Carlos Davila, will resign at the end of the year.

Banks are losing auto-finance market share to captive lenders and finance companies, according to a new report from the credit bureau Experian.

Royal Bank of Canada said fiscal fourth-quarter profit rose 11% as a jump in trading revenue and a lower tax rate helped counter slowing earnings growth from Canadian banking and declines across other key businesses.

The long-running tension between anti-money-laundering rules and data privacy concerns is especially pronounced in the awkward relationship between regulated financial institutions and digital currency businesses.

Fallout from the Consumer Financial Protection Bureau’s proposed rules governing payday loans are starting to be felt with payday lending operations across the U.S.

Hours after Jamie Dimon alluded to the budding partnership, the banking giant and marketplace lender went public with their plans to launch an online lending platform in 2016.

Banks seldom refinance student loans, but Citizens Financial consumer finance head Brendan Coughlin said that refis have become a cornerstone for his bank — and that it has the niche all to itself.