Retail & Commercial

Buyers used to win banks in pricey, unpredictable auctions. Now they have to be friendly masters of the negotiating table.

Federal authorities on Friday took their most forceful step to date toward bringing state-licensed marijuana businesses into the financial mainstream.

The California company ended three years of loan runoff after expanding into San Diego and adding managers for its agribusiness, construction and mortgage operations. What it would really like to do next is find the perfect acquisition.

Community banks are facing mounting competition from bigger companies, regulators and consulting firms as they try to staff up in their compliance departments. American Banker editors discuss how small banks can compete for the best compliance personnel and what they should be looking for in potential new hires.

A group that advocates for more women on corporate boards has honored Royal Bank of Canada and KeyCorp (KEY) Chief Executive Beth Mooney for promoting diversity within their ranks.

Bond Street Holdings in Weston, Fla., plans to close four of the 25 branches it acquired from Great Florida Bank in Miami Lakes.

A Maine bill to thwart predatory online lenders is moving to the full state legislature with the unanimous support of the state's Insurance and Financial Services Committee.

Bank of America Corp., the second-largest U.S. lender, is cutting 450 mortgage jobs from West Coast offices after new loans fell short of internal forecasts, two people with direct knowledge of the plans said.

The former bank analyst is striking out on his own after shutting down an investment firm he co-founded with banker Vernon Hill.

High-tech credit cards have often been a tough sell because of their cost and complexity, but two companies are pushing two very different approaches that they hope hold enough appeal to consumers to outweigh the up to $100 fee for the cardholder.