Retail & Commercial

Assistant Treasury Secretary Daniel Glaser says his department is working with the federal banking agencies to ease banks' fears about serving foreign remittance providers.

Rodney Martin Jr., Voya Financial's chairman and CEO, said he has decided to oversee the Retirement Solutions division himself. As a result, Maliz Beams, the CEO of that division, has left the company.

Raj Vig, president of business development company TCP Capital, discusses the crowded landscape in middle-market lending, regulators' concerns and how nonbanks and banks can sometimes work together.

Acquisitions buoyed third-quarter earnings at Home BancShares in Conway, Ark. The $7.2 billion-asset company reported Thursday that it earned $27.4 million, up roughly 49% from a year earlier.

Capital Bank Financial Corp. in Coral Gables, Fla., reported higher third quarter earnings driven by lower expenses and asset quality improvements.

A regulatory report released this summer helped fuel hopes that banks were finally beginning to loosen up on making mortgage loans. But since then strategists say there is no evidence that an easing of credit standards is taking place.

DocMagic has acquired eSignSystems, the electronic signature and e-vault division of Wave Systems Corp., for $1.2 million, the companies announced Thursday.

Foreclosure filings increased in the third quarter but were down on a monthly basis, according to RealtyTrac’s latest Foreclosure Market Report.

Sandy Spring Bancorp in Olney, Md., posted lower third-quarter earnings as expenses rose and net interest income declined.

Minnesota Attorney General Lori Swanson's office on Wednesday sued Texas-based Apex Merchant Group LLC for using "bait and switch" tactics against small businesses.