Retail & Commercial

Wells Fargo Bank plans to lay off 115 call center employees at a facility in Roanoke County, Va. as a result of reductions in delinquencies and foreclosures, according to a spokeswoman.

Kearny Financial in Kearny, N.J., has adopted a plan to convert to a public stock company.

Real estate agents have a lot of advice for mortgage lenders about how to do their job better, according to a new TD Bank survey.

First Niagara Financial Group in Buffalo, N.Y., has consolidated several consumer-banking business lines into one department.

A large shareholder at Valley Community Bank is objecting to the Pleasanton, Calif., company's sale to FNB Bancorp in South San Francisco.

A judge has ruled that the involuntary bankruptcy of FMB Bancshares in Lakeland, Ga., may proceed, a decision that could embolden more trust-preferred creditors to pursue a similar strategy.

BBVA Compass Bancshares in Birmingham, Ala., plans to hire 10 community relations officers to help improve its community reinvestment record.

Goldman Sachs and JPMorgan Chase will face narrower claims in a lawsuit accusing them and 10 other banks of conspiring to limit competition in the credit-default swaps market.

More banks are considering switching to a universal banker model, where selling products and services becomes more important. The transition requires patience, planning and training.

Howard Bancorp in Ellicott City, Md., raised nearly $500,000 in capital after management and directors exercised warrants to buy common stock.