Retail & Commercial

A breakdown of M&A announcements in the financial services industry for the week ended May 31.

Affirm Inc. has raised $45 million to help it target consumers looking for new credit tools to make purchases online, Chief Executive Officer Max Levchin said at Bloomberg's Next Big Thing Summit.

The multi-bank holding company has historically taken a hyperlocal approach in the suburbs with individually branded banks. As it moves deeper into the heart of Chicago, the company is unifying a dozen branches under its Wintrust brand.

President Obama on Monday proposed two plans designed to ease the burden of student loan debt for potentially millions of Americans.

The housing market is unseasonably weak due to consumers' worries about an economic slowdown and a decline in overall household income, according to a Fannie Mae survey.

Demand for credit in Western Canada has increased for four consecutive quarters, while activity in the Eastern provinces continues to slow, according to Equifax Canada's Q1 National Consumer Credit Trends Report.

Community banks can still generate solid returns and take on larger competitors. The ones that shutter are those that have failed to modernize and adapt to the changing times.

Financial Services Roundtable CEO Tim Pawlenty discusses the after-effects of Dodd-Frank, the need to find regulatory balance between providing protection and hindering economic activity, concerns over the Johnson-Crapo GSE reform proposal, and more.

A Southern Illinois town has hired a third-party collection agency to pursue unpaid city fees and fines ranging from criminal offenses to traffic offenses.

While lenders do not ask consumers about sexual orientation, a look at Home Mortgage Disclosure Act data on same-sex couple applicants raises questions about possible discrimination against gays and lesbians.