Retail & Commercial

Two online lenders associated with Indian tribes have won the dismissal of a lawsuit that alleged the companies were operating in violation of Maryland law.

On the first day Citizens Financial started financing iPhones it made more new loans than any bank ever did on one day, the head of the company’s consumer lending said.

Two Ohio auto dealers agreed Tuesday to settle Federal Trade Commission charges that they tricked consumers with advertisements touting low monthly care lease payments while not disclosing important terms of the offers - including credit score requirements.

A TransUnion analysis has found that credit card loyalty remains intact despite enticing offers and higher spend during the holiday shopping season.

The head of the Independent Community Bankers of America fires a legal warning at NCUA and says relations between the two industries has never been more strained.

BNH Financial in Laconia, N.H., has agreed to buy Community Guaranty in Plymouth, N.H.

Blue Ridge Bankshares in Luray, Va., has issued $10 million in subordinated debt and plans to exit the Small Business Lending Fund.

U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a “few large banks” recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.

The Consumer Financial Protection Bureau has updated its regulatory agenda and now expects pre-rule activities for debt collection to last through February 2016.

Bank of the James Financial Group in Lynchburg, Va., is planning to raise about $11.5 million through a private placement.