Retail & Commercial

Inc. magazine has ranked Fairport, N.Y.-based collection agency ConServe on its 33rd annual Inc. 500|5000 list, a ranking of the nation's fastest-growing private companies.

Citizens Financial Group in Providence, R.I., has hired Russell Herakovich to lead the national expansion of its health care banking group.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

Blue Harbour Group, an activist investor fund, has amassed a 5.7% stake in Investors Bancorp in New Jersey.

The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry for a pilot program looking at whether electronic fillings can improve the mortgage closing process.

Chemical Financial in Midland, Mich., and First National Bank of Omaha in Nebraska have partnered to market and issue a new rewards-based MasterCard.

Bryn Mawr Bank in Pennsylvania has agreed to buy Powers Craft Parker & Beard, an insurance broker and risk management consulting firm.

Brian Moynihan has been in charge of Bank of America for nearly five years, and he has spent most of that time in lawyer mode, overseeing settlements worth $48 billion. He is generally praised for taking the bank to this point, but now comes the hard part: getting B of A to grow again.

The Consumer Financial Protection Bureau and Federal Trade Commission filed an amicus brief in the case of Hernandez v. Williams, Zinman & Parham, which concerns the interpretation and enforcement of the Fair Debt Collection Practices Act.

Payment Alliance International reached an agreement with SchoolsFirst Federal Credit Union to apply its brand to 109 automated teller machines located in Rite Aid pharmacies throughout Los Angeles.