Retail & Commercial

An appeals court has upheld the four-year prison term of a former collection agency executive who was the mastermind behind a $12 million fraud scheme from January 2007 to March 2011.

Westbury Bancorp in West Bend, Wis., named a new president for the company and its bank subsidiary.

It isn't just payday lenders and money-services firms that are being ditched by banks lately. Community banks are getting cut off too.

The subsidiary of Chemung Financial in Elmira, N.Y., has sold its equity securities portfolio.

WASHINGTON — Medical debt may prove to be one of the complex areas that the Consumer Financial Protection Bureau will tackle in its highly anticipated rulemaking on debt collection next year.

Dan Rollins' ability to have a BSA-related consent order removed and get two acquisitions back on track could embolden more big community banks to pursue deals next year.

A federal bankruptcy court has approved the sale of PNA Bank in Chicago.

Fairmount Bancorp in Baltimore seems poised to face a proxy battle next year from activist investor Joseph Stilwell.

As the real estate market ramps back up, lenders are looking for ways to diversify their portfolios, even if the returns are slim.

A recent study intended to measure Americans' understanding of arbitration clauses asked the wrong questions. The more germane issue is whether arbitration produces better outcomes for consumers than court and class action litigation.