Retail & Commercial

Frederick J. Hanna & Associates filed a motion Friday in U.S. District Court to dismiss the Consumer Financial Protection Bureau's lawsuit charging the firm and its three principal partners with operating a collection lawsuit mill.

Pilgrim Bancorp. in Mount Pleasant, Texas, has agreed to buy North Central Texas Bancshares in Wichita Falls, Texas.

The term "opinion leader" has been used to describe those consumers who are wealthy, involved in their communities and knowledgeable about the world around them. Turns out, they also spend the most money on credit cards.

HSBC Holdings Plc will pay $550 million to resolve accusations of misconduct in its handling of mortgage securities that saddled taxpayers with losses after the financial crisis.

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Ron Hermance, chairman and chief executive of Hudson City Bancorp in Paramus, N.J., has died.

In the banking world, Ron Hermance was known as a skillful leader who helped build Hudson City Bancorp into a $38 billion-asset company that largely avoided the credit implosions that doomed many other banks during the financial crisis.

National Bank of Commerce in Birmingham, Ala., has purchased a majority interest in CBI Holding Co.

WASHINGTON — The Consumer Financial Protection Bureau has finalized a rule subjecting large nonbank international money transmitters to supervision by the bureau.

Ginnie Mae President Ted Tozer is urging credit unions and community banks to contact their Federal Home Loan Bank so they can participate in a conduit program for government-backed loans.