Retail & Commercial

The Consumer Financial Protection Bureau on Monday finalized several changes to its mortgage rules to help promote responsible lending by small creditors, particularly in rural and underserved areas.

Bank of America shareholders voted Tuesday to allow Brian Moynihan to keep his dual titles of chairman and chief executive, with 63% of votes cast in favor of Moynihan.

Despite pledges last year to move "aggressively" to implement new credit scoring models at the government-sponsored enterprises, the Federal Housing Finance Agency's effort appears to have stalled.

Contrary to the CFPB’s paternalistic claims, most payday loan borrowers are aware that it may take them more than two weeks to repay the credit they take out.

First Midwest Bancorp in Itasca, Ill., has agreed to buy Peoples' Bank of Arlington Heights in Illinois.

Consumer litigation is going through some wild swings in 2015, according to the latest lawsuit numbers from U.S. district courts, but all key comparisons are tracking ahead of last year.

With Beth Mooney in charge, KeyCorp has emerged as one of the industry's top regional banking companies while becoming a model for workplace diversity.

With 25 years of experience as a small-bank CEO, Laurie Stewart has emerged as a leading advocate for community banking in her home state and nationwide.

Having aced the challenges she faced in 2014, Diane D'Erasmo was rewarded with a new position overseeing HSBC's business with core industries in key growth markets.

When the Japanese-owned bank was undergoing an exhaustive review of its operations, senior executives gave Wendy Breuder perhaps the daunting task: identifying cost savings across six business lines spanning eight countries. She more than delivered.