Retail & Commercial

Bank boards are busier than ever, but that's no excuse for putting succession planning on the back burner, say consultants Peter Thies and Ollie Sommer.

Following two years in which its big- bank peers paid almost $2 billion to resolve fraud accusations by the Federal Housing Administration, Wells Fargo & Co. has decided it isn't giving up so easily.

Rep. Matt Cartwright (D-Pa.) introduced legislation to amend the Fair Debt Collection Practices Act, a response to a U.S. Supreme Court ruling last year.

Five Star Credit Union in Dothan, Ala., has received approval from the Alabama Credit Union Administration to buy Flint River National Bank in Camilla, Ga.

SVB Financial (SIVB) in Santa Clara, Calif., has filed to sell nearly 4.5 million shares of common stock.

Central Pacific Financial (CPF) in Honolulu is moving several top executives into new posts.

First Bankcard, a division of First National Bank of Omaha, is partnering with the deals delivery company Swagbucks to implement a rewards program for its credit and secured credit card programs.

Connecticut's top banking regulator on Monday warned investors about the dangers of Bitcoin.

Freddie Mac, which along with Fannie Mae has forced home lenders to buy back tens of billions of dollars of flawed mortgages, said the companies are loosening rules that made banks more cautious about extending credit.

Chief financial officers are feeling more upbeat about the direction of the U.S. economy, according to a new survey released by TD Bank.