Retail & Commercial

A longtime chairman and chief executive at HomeTrust BancShares (HTBI) in Asheville, N.C., has retired.

The positive reaction to Independent Bank Group's $170 million agreement to buy BOH Holdings shows how precrisis M&A valuation methods are returning and that the industry is getting stronger.

A former employee at an Ohio branch of U.S. Bancorp (USB) pleaded guilty Friday to charges that he accepted $24,000 in kickbacks from debt collectors in exchange for giving them business.

Underwriting standards on auto loans will slip in 2014 as increased competition pushes lenders to take more risk, according to Moody's Investors Service.

The number of credit cards issued by banks and retailers hit five-year highs between January and August, according to the latest Equifax National Consumer Credit Trends Report.

HSBC USA (HSBC) in McLean, Va., has hired a longtime Citigroup (NYSE:C) executive, William Brown, to lead its U.S. branch network.

As credit cards defaults and delinquencies continue to wane, banks and retailers are growing increasingly more confident in extending credit to consumers.

Lenders’ choices today are stark: Make Qualified Mortgage loans and risk being sued under the disparate-impact doctrine; make non-QM loans and risk being sued under the ability-to-pay-doctrine; or sell their loans to Fannie Mae and Freddie Mac.

Heartland Financial (HTLF) in Dubuque, Iowa, has purchased a bank of River Valley Bancorp in Davenport, Iowa.

The U.S. lags far behind much of the world in transferring funds rapidly from the bank account of one party to another's. Times vary by bank, but recipients commonly wait days to receive payments. Here's a look at five countries where consumers and businesses enjoy close to real-time to transferred funds.