Retail & Commercial

Pacific Commerce Bank in Los Angeles has agreed to buy Vibra Bank in Chula Vista, Calif.

Prosecutors in California settled a consumer fraud case with Debt Free Associates LLC and are now urging eligible clients to seek the refunds they are owed, Monterey County (Calif.) District Attorney Dean Flippo said.

Subprime auto loan delinquencies have risen to levels that are higher than before the financial crisis and aren’t rising at the same pace as loans to others, Citigroup analysts wrote in a report, without citing specific issuers.

Banc of California in Irvine reported strong earnings growth in the third quarter thanks to a massive surge in fees from the sale of loans.

Brookline Bancorp in Boston reported higher quarterly profits fueled by loan growth and improved asset quality.

Heritage Oaks Bancorp in Paso Robles, Calif., has revamped its audit committee after discovering it broke Nasdaq rules.

Valley National Bancorp in Wayne, N.J., reported higher earnings driven by loan growth, lower costs and improvements in credit quality.

Soaring student loans and the reluctance of Millennials to own houses and cars threaten to define the entire generation and put them behind - as a whole - throughout their lives, a chief economist at Equifax said.

S&T Bancorp in Indiana, Pa., has agreed to buy Integrity Bancshares in Camp Hill, Pa.

About 60% of the first cards loaded onto Apple Pay are Visa cards, and the card network plans to build on this beginning in an aggressive mobile commerce strategy, according to CEO Charles Scharf.