Retail & Commercial

Bank of America can't be sued by unified groups of homeowners in different states over its failure to modify mortgages, a federal judge in Boston ruled.

New York State's chief banking regulator is tightening the screws on banks that lend to landlords, increasing the requirements for Community Reinvestment Act credit.

A legal safe harbor designed to protect lenders that make "qualified mortgage" loans from consumer lawsuits is likely to expose institutions to potentially even greater liability, according to several banking experts.

The decision by private-equity backers of Sterling Financial to push for a sale of the entire Spokane company, rather than to merely unload their shares, surprised investors. It also showed that investor exits are a complex business which often defy expectations.

Frank and George Hamlin at Canandaigua National are turning letter writing into an art form as they rail against a wave of new bank regulation.

Failures, mergers and charter consolidations have all played a role in the latest decline, but what's really driving down the numbers is the lack of de novos.

What's in a domain name, you ask? Michael Frederick, who is putting the web address CheckCashing.com up for bid, is hoping the answer is a lot of money.

Swiss investment bank UBS, the world's largest manager of assets for the wealthy, has spent the past three years carefully expanding onto U.S. retail banks' traditional turf, introducing new credit cards and mortgages for its wealthy customers. In a recent interview, Rosemary Berkery, vice chairman of UBS Wealth Management Americas and head of its U.S. bank, shared what she's learned about U.S. retail banking and how it complements banks' wealth-management goals.

Banks and credit unions are normally clash with each other, but pumping free gasoline for consumers while bashing big banks was a public-relations opportunity both sides found hard to resist.

The $2 trillion-asset company will stop accepting new student loan applications on Oct. 12, the company said Thursday.