Retail & Commercial

Earnings at HSBC's North American operation fell 12% in the first quarter. Details about the unit's future restructuring are due next month, but executives offered reassurances Tuesday that they don't plan to divest it.

The Chicago-area community bank, which started in the basement of a church as a savings and loan 117 years ago, has started a series of free webinars to give people guidance to free themselves from debt.

Western Independent Bankers, a consortium of about 130 community banks in 13 western states, has entered into a deal to use the marketplace lender LendKey to underwrite and service auto loans.

There will always be a need for small-dollar loans. But loans that trap people in debt and burden borrowers with triple-digit interest rates are simply abusive.

The newly introduced child support payment bill would change federal law in a way that advocates believe would make it more difficult for parents to hide assets ahead of credit checks.

Two House Financial Services Committee members introduced a bipartisan bill late last week that is designed to give lenders breathing room when new disclosure rules go into effect on Aug. 1.

Shares of HSBC Holdings Plc, Europe's largest bank, fell the most in two months in London trading after first-quarter revenue missed analysts' estimates and costs increased at a faster pace.

Bankers give too much credence to futurists and financial gurus who warn that technology will render the in-branch experience obsolete.

Wells Fargo & Co. was sued by Los Angeles for allegedly opening accounts and issuing credit cards without customers' authorization as part of what the city called a "fee-generating machine."

Two House Financial Services Committee members introduced a bipartisan bill late last week that is designed to give lenders breathing room when new disclosure rules go into effect on Aug. 1.