Retail & Commercial

Philadelphia collected more than $45 million in back property taxes during the first four months of the year and cut the number of tax delinquent properties by an estimated 30,000, 25% down from the previous year, records show.

Square has launched Square Capital, a credit program for small business, joining a growing number of companies breaking into small-business lending.

First Horizon National (FHN) in Memphis, Tenn., has agreed to buy 13 branches from Bank of America (BAC).

Citigroup Inc. Chief Financial Officer John Gerspach said second-quarter trading revenue could be down 20 percent to 25 percent from year-earlier levels in a market he described as "becalmed."

Bank of New York Mellon Corp., the world's largest custody bank, expects to record an after-tax charge of about $100 million in the second quarter linked to administrative errors in certain funds it manage

MasterCard Inc. plans to help its cardholders address issues that arise from identity theft, while also extending its zero liability policy to include PIN-based and ATM transactions.

UBS Wealth Management Americas, an arm of Switzerland's largest bank, has joined the growing list of lenders in the United States gunning for mortgage volume through the wealth management channel.

A consolidated exam force could give state regulators access to federal resources without undermining the dual banking system.

The fleet card provider WEX Inc. has extended its contract to provide private-label and fleet card services for Phillips 66.

Poage Bankshares (PBSK) has fended off a proxy challenge from activist investor Joseph Stilwell.