Retail & Commercial

For the 5th consecutive year, American Banker and Discover are proud to sponsor the Young Women's Leadership Award, a college scholarship given to graduating high school seniors who have demonstrated leadership potential and are the first generation in their family to attend college. We're looking for women who work in banking or finance to serve on the Young Women's Leadership Award Advisory Board.

BOK Financial in Tulsa, Okla., has hired the wealth management team of Denver Retirement Partners.

Bank managers can motivate their teams to make sales without forcing them to pounce on customers the moment they walk in the door.

Alternative finance marketplace Lending Club has entered into an agreement with the U.S. branch of Alibaba to offer financing to American businesses to buy parts from Chinese manufacturers through the Alibaba marketplace.

Ally Financial, the auto lender bailed out by the U.S. government, appointed Jeffrey J. Brown as chief executive officer, succeeding Michael A. Carpenter, who's also leaving the board.

Banner Corp. in Walla Walla, Wash., has lowered its fourth-quarter profit due to an adjustment to the its provision for income taxes.

The Federal Deposit Insurance Corp. issued five consent orders in December, according to the agency's most recent summary of enforcement actions.

Bank of America is following Wells Fargo by putting out for sale the last of its federally guaranteed student loans. The move should be positive for the bank, and in theory it may even have a chance to again reap returns tied to the loans, but without bearing all of the risk.

More than a decade after spearheading the direct banking model of offering high-yield savings accounts exclusively online at ING Direct, Arkadi Kuhlmann is trying to reboot international banking for the smartphone.

Three recent deals involving midsize sellers have gone far reversing regional bankers' fears of M&A. Still, the real evidence of progress must involve seeing those deals close.