Retail & Commercial

PL Capital, upset that Metro Bancorp refuses to sell itself, has launched a proxy battle to gain two board seats at the Harrisburg, Pa., company.

The $1.5 billion-asset company disclosed in a regulatory filing Monday that Kathryn Pemble had become its Florida market president.

Lenders that use Collateral Underwriter may be eligible for Rep & Warrant relief on appraisal in the future.

Bitcoin payments enabler Bitnet Technologies has secured $14.5 million in funding that it will use to fund a push into Asia and continental Europe.

A U.S. district court has stopped a group of marketers in California and Nevada from conducting business using "free" trial offers and tricking consumers into disclosing their credit and debit card information.

Bank of England Gov. Mark Carney is facing scrutiny on the management of Britain's payments system after the biggest disruption in seven years delayed bank transfers and house purchases.

Arrow Financial in Glens Falls, N.Y. reported an increase in quarterly profit because of increased lending.

Riverview Bancorp in Vancouver, Wash., is facing pressure from a large investor to sell itself.

Bank of Marin Bancorp in Novato, Calif., reported a significant increase in quarterly profit following an acquisition and organic growth.

Regulators are finally ready to unveil a final risk retention rule, but whether the new regulation provides enough certainty to jumpstart the securitization market is an open question.