Retail & Commercial

Citi's sponsorship of a bike-sharing program in New York has been a marketing coup. Can the bank achieve similar success in Miami?

The Best Banks to Work For study is a collaboration between American Banker and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.

Besides trying to figure out how to keep health insurance affordable, bankers are wrestling with a slew of other challenges, including recruitment, leadership development and employee engagement.

Indiana Attorney General Greg Zoeller has proposed legislation aimed at preventing some of the most common complaints from residents in the state, including debt collection and consumer fraud.

Our second annual ranking of the banks that win high marks from employees for providing a positive work environment, top-notch benefits and ample career-advancement opportunities. (The perks – like free lattes and subsidized gym memberships – are nice, too.)

Keeping down health care expenses by encouraging employees to live healthier lifestyles is a goal for many companies these days. Here are some of the interesting strategies that the Best Banks to Work For are using – from exercise bonuses to walking meetings.

Regulators on Friday closed The National Republic Bank of Chicago, the 16th institution to fail this year.

The company's $800 million goodwill impairment charge may reflect macroeconomic factors, but also likely resulted from a purchase of HSBC branches two years ago. Other banks are unlikely to face the exact same issues, observers said.

PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.

A Minnesota community bank has made an offer to buy American Bank of St. Paul in what would be the first time a bank was forced into a sale over unpaid trust-preferred debt.