Retail & Commercial

LegacyTexas Financial Group in Plano will issue $75 million in subordinated debt for potential acquisitions and other uses.

Commercial and retail banking customers in some cases are being marginalized from the financial system, making de-risking a pressing social-policy issue, a Bank of America official said at a Clearing House conference.

First South Bancorp in Washington, N.C., will close three branches as part of a larger branch-restructuring plan.

Online payday lender Integrity Advance is being sued by the Consumer Financial Protection Bureau for allegedly deceiving consumers about its loan costs.

The New York Department of Financial Services' letter indicating potential cyber rules are prompting concerns that the state's plans could lead to more stringent measures throughout the industry.

The online payday lender Integrity Advance is being sued by the Consumer Financial Protection Bureau for allegedly deceiving consumers about its loan costs.

U.S. Bank recently updated its mobile app to a system that would allow it to react more quickly to new technology. It's going to need that flexibility now that consumers are complaining about missing features in the latest upgrade.

The Federal Trade Commission has approved final amendments to its Telemarketing Sales Rule, including a change aimed at protecting consumers from fraud by prohibiting four discrete types of payment methods favored by con artists and scammers.

A new report based on research from the Harvard Joint Center for Housing Studies indicates student loans bet has a potentially strong impact on consumers seeking to move from renting to buying a home. It also could delay their ability to build savings for a mortgage down payment.

The private equity firm founded by Eugene Ludwig has sold about 6% of its stake in Seacoast Banking Corp. of Florida for $7.3 million.