Retail & Commercial

Chinese banks, desperate to attract customers who are finding alternatives for their savings, are turning to giveaways. On offer at one branch in Beijing: an iPhone 6 Plus or a Mercedes-Benz.

City National Bank in Los Angeles is launching a new online magazine with a goal of driving more traffic to its website.

A controversial plan to reform the bankruptcy code would shift the balance of power between debtors and creditors, resulting in extensive — but difficult to forecast — changes to the banking industry.

Marketplace lender Social Finance may pursue a larger initial public offering than expected, CEO Mike Cagney said. Progress in its mortgage business and a new lending app will be pivotal to the company's future, he said.

The global ATM market will reach $21.9 billion by 2020, according to a new study by Allied Market Research.

The Federal Trade Commission is taking action against two auto dealer groups, operating in five states with more than two dozen retail stores, for civil penalties for violating FTC administrative orders prohibiting them from deceptively advertising the cost of buying or leasing a car.

Two credit-reporting companies say that a jump in lending to borrowers with poor credit has helped lead to a growing number of Americans falling behind on their car payments.

The payday loan industry in South Dakota is warning about possible far-reaching problems if a coalition seeking to ban such lending in the state succeeds.

Bridge Bancorp in Bridgehampton, N.Y., has agreed to buy Community National Bank in Melville, N.Y.

Trevor Burgess, CEO of C1 Financial, brings an investment banker's irreverence to the normally decorous business of community banking. But he's produced a record that backs up his brash talk.