Retail & Commercial

Midtier banks desperate for earnings growth will have to wait until interest rates rise, a report from Fitch Ratings says.

NEW YORK - Attorney General Eric T. Schneiderman's office on Thursday announced the arrest of Sonia Vertucci, 42, of New Rochelle, N.Y., for falsely promising a range of services to predominately immigrant clients and collecting more than $38,000 in cash payments.

Canadian Imperial Bank of Commerce, known for infighting when picking its leader, is considering breaking a century of banking tradition by looking for an outsider instead. Shareholders are wary of the uncertainty.

New York Attorney General Eric Schneiderman has filed a complaint alleging Barclays PLC (Barclays) has deceived electronic trading investors.

Bank of America (BAC) plans to lay off 540 more mortgage employees in Charlotte, N.C.

The long-awaited rebound in credit card loans has arrived, fueled by looser credit standards and a larger appetite for debt among U.S. households.

Westfield Bank is planning to expand its commercial lending presence in western Massachusetts.

The ATM maker Diebold is buying encryption technology company Cryptera to enhance its portfolio in automated teller machine security.

Insurance executive Kenneth Shapiro on the new parallels between insurance and banking.

BancorpSouth (BXS) in Tupelo, Miss., has named a new president as part of a broader redesign of its management structure by Chief Executive Dan Rollins.