Retail & Commercial

First Commonwealth Financial (FCF) in Indiana, Pa., is bringing its corporate banking business to Ohio.

Two federal investigations into General Electric Co.'s credit card business are underway to determine if the unit violated consumer finance laws.

The number of homeowners who receive loan modifications rose to roughly 44,000 in January — up 2% from the previous month, according to a report from the mortgage industry group Hope Now.

Treasury's Bank Secrecy Act Advisory Group will include a member of the virtual-currency community to help make regulations "better informed and more effective," David S. Cohen, the undersecretary for terrorism and financial intelligence, said today.

A breakdown of M&A announcements in the financial services industry for the week ended March 15.

United Community Financial (UCFC) in Youngstown, Ohio, has hired an outside executive to become its next president and chief executive.

Like the Postal Service, small banks must radically change their business model, expect more consolidations and mergers, focus on critical services and avoid relying on the U.S. government for help – it could make things worse.

A payday lending bill in Idaho, designed to dictate how much payday lenders can give borrowers, won passage in the state's House of Representatives on Monday by the slimmest of margins.

Talmer Bancorp (TLMR) in Troy, Mich., could enjoy a bigger-than-expected benefit from its purchase of Michigan Commerce Bank.

The settlement monitor gave the banks credit for $20 billion in relief — less than half the total provided, since only partial credit was given for breaks other than principal reduction.