Retail & Commercial

The Federal Deposit Insurance Corp. is looking to ban a former Tennessee banker from the industry following his institution's 2012 failure.

Internal memos and emails show that the controversial probe was not exclusively focused on payday lending. At the same time, Justice officials did not think it was their problem if lawfully operating payday lenders lost their banking relationships as a result of the investigation.

The city of Los Angeles accused JPMorgan Chase & Co. of targeting minority borrowers with predatory loans in a lawsuit filed two days after Wells Fargo & Co. lost a court bid to dismiss a similar case.

The addition of a new community bank section in the Federal Deposit Insurance Corp.'s quarterly bank earnings report is meant to make up for distortions in how large banks drive industry data.

First Internet Bank (INBK) in Indianapolis has appointed a executive to run its asset-based lending business.

The emergence of several regional banks in California could prompt smaller institutions to weigh their M&A options. Higher operating costs and limited revenue opportunities could also force more consolidation in the state.

A survey of working age low- and middle-income households finds that they accrue credit card debt not necessarily because of irresponsible spending habits.

The lawsuit against a former county deputy clerk seeks to recover more than $75,000 in public funds she allegedly misappropriated before being fired.

Independent Bank Group (IBTX) in McKinney, Texas, is reportedly in talks to buy Houston Community Bank.

First Savings Bank of Perkasie in Pennsylvania has acquired investment advisor Longview Capital Management in Wilmington, Del.