Retail & Commercial

The $820 billion-asset company disclosed in a regulatory filing Clifton Painter retired as its chief operating officer and chief credit officer on Sept. 22. Painter agreed to remain a consultant for the next two years.

AmeriServ Financial in Johnstown, Pa., will take several charges in coming quarters, including one tied to litigation and client loss in its investment advisory business.

New York Gov. Andrew Cuomo has signed into law a measure that allows financial institutions to offer raffle-style programs to encourage saving.

An improving economy and better execution of loan modifications have meant fewer redefaults on restructured mortgages, the Office of the Comptroller of the Currency said Thursday.

Citigroup has issued a fintech challenge that asks developers to propose banking technologies that interact with the Internet of things and consumers' wearable devices.

The private equity firm of Texas billionaire Gerald J. Ford, is planning a tender offer for up to 65% of Mechanics Bank in Walnut Creek, Calif. If completed, the deal would be the first deployment of the $755 million that Ford's fund raised last year.

The payments industry has turned its attention inward, focusing on securing its own technology from fraudsters without driving off their customers.

Fitch Ratings has affirmed its outlook for six community banks based on their stable and improving performance.

How banks are using online and classroom courses to teach young commercial lenders to stay on top of regulatory and market changes.

Highlands Bancorp in Vernon, N.J., has lined up its next chief executive.