Retail & Commercial

The Obama administration is urging activists like the National Council of La Raza to support legislation to overhaul the housing finance market, ahead of a Senate Banking Committee vote scheduled for late April.

Mortgage applications, including requests for refinancings and for home purchase loans, rose from the previous week for the week ended April 11.

The Chicago-area company has shown a willingness to pursue small branch deals and expand in nearby Wisconsin as it looks for liquidity and lending opportunities.

As banks increasingly compete to manage their most affluent customers' assets, some financial companies are using savvy strategies to win a share of this lucrative business. American Banker reporters discuss the tactics some banks are using to stand out from the wealth-management crowd.

The shut down comes three years after a Canadian company purchased the business.

A federal worker union is battling a bipartisan push in Congress to restart the Internal Revenue Service's controversial use of private collection agencies to pursue tax debts.

The moves are part of a recent trend of banks exiting businesses that they believe have fallen out of favor with regulators.

Community Bankers Trust (ESXB) in Richmond, Va., has named a new chief credit officer for its Essex Bank

U.S. banks today are safer, sounder, more secure, transparent, accountable and are performing their critical roles in the global economy.

Huntington Bancshares (HBAN) in the first quarter padded its litigation reserves and recorded one-time expenses related to a recent acquisition.