Retail & Commercial

The American Bankers Association announced that Rob Nichols, head of the Financial Services Forum and a former top Treasury Department official, would be its next CEO. The move appears designed to boost the ABA's profile inside the beltway.

In a sign that the GSEs may once again be trying to compete with each other, Freddie Mac will no longer charge lenders to use its Loan Prospector automated underwriting system.

Independence Bancshares in Greenville, S.C., has raised nearly $8.5 million to help it expand its payments, technology and digital banking operations.

Royal Bank of Scotland, Britain's largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence.

The banking giant hopes that convenience — and less paperwork — will help it do more business with existing small business customers.

Women in banking are making big strides — but there's still a long way to go before achieving gender parity at the executive level. Here's how up-and-comers can carve out a path to the top.

F.N.B. in Pittsburgh has agreed to buy five branches from Bank of America in eastern Pennsylvania.

More than 71 million consumers had an auto loan in the first quarter, an increase from a year earlier and the largest growth since the economic downturn, according to a new report.