Retail & Commercial

Equity Bancshares in Wichita, Kan., is planning to raise up to $36 million through an initial public offering.

Los Angeles-based marketplace lender AssetAvenue has named a new chief executive.

Global Financial Support, a student financial aid company, is facing a CFPB lawsuit for allegedly tricking consumers into paying for sham financial aid services and falsely indicating it was affiliated with government and academic institutions.

Banks have added so much capital in the past several years that they're better protected from declines in real estate values than they were before the financial crisis.

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Now the question is: will online portals become a significant source of financing for U.S. small businesses, or will red tape get in the way?

The New York company took investors on a roller coaster ride over a dozen years, with issues that included a CEO's death, another leader's ambitious M&A strategy, and an ill-timed effort to upgrade outdated technology.

Whether it's regulation, cyber threats, vendor backlog or just plain inertia, U.S. banks still lag their overseas counterparts when it comes to mobile adoption.

The $815 million-asset company said in a press release Friday that it will close locations in Ilwaco and Ferndale in western Washington.

October saw the three main card networks invest in bitcoin-related companies, which comes on the heels of major banks exploring the use of bitcoin and blockchain technology to solve some industry pain points.