Retail & Commercial

The relationship between banks and private equity has been tense at times, but the aid PE firms are supplying to struggling energy firms could limit the losses suffered by lenders.

Shareholders of Lenox National Bank have approved a deal to sell the institution to its western Massachusetts neighbor Adams Community Bank.

Many payment companies are hosting hackathons to attract developer talent from outside their own ranks; MasterCard found that its own people are just as eager to bring their ideas to life.

Anthony Murgio, who is accused of running a Bitcoin exchange that laundered money and who has been linked to one of the largest bank hacks in U.S. history, can remain free on $100,000 bail.

Debt collection giant PRA Group reported growth in revenue, net income and cash collections for the second quarter.

Ocwen Financial's internal review group is "independent," and the Atlanta servicer is in compliance with the national mortgage settlement, settlement monitor Joseph A. Smith said Tuesday.

The appetite for credit unions to offer mortgage loans appears to be greater than other financial institutions, according to new TransUnion research.

The financial services industry is engaged in a rousing discussion about credit scoring with alternative data.

The acquisition of Yodlee, considered PFM's pioneering firm, would cement Envestnet's capability to serve an emerging demand for data aggregation and leveraging data insights and behavioral science in wealth management.

Farmer Mac reported higher second-quarter profit, citing an increase in the value of financial derivatives and hedged assets.