Retail & Commercial

The president and chief executive of First Financial Northwest (FFNW) in Renton, Wash., will step down next week.

KeyCorp (KEY) has promoted a veteran executive, Randy Paine, to the positon of president of its broker-dealer and corporate and investment banking subsidiary, the Cleveland company announced Friday.

Sierra Vista Bank (SVBA) in Folsom, Calif., has hired a new president and chief executive.

JPMorgan Chase's summer of regulator troubles has commanded the spotlight lately. However, the problems it faces have serious implications for many other banks. American Banker editors discuss what's at stake.

State and federal regulators appear to be orchestrating a series of actions to force financial institutions and third-party payment processors to stop doing business with certain online consumer installment lenders.

The Securities and Exchange Commission has settled charges against a former executive of UCBH Holdings, the parent of the failed United Commercial Bank in San Francisco.

The ratings agency is reviewing its rating of the senior and subordinated debt of six major banks due to indications that the federal government would unlikely support failing institutions, it said in a statement Thursday.

Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy Live Oak Financial Corp. in Dallas.

The Department of Justice has dropped a deferred money-laundering case against the banking unit of Ocean Bankshares in Miami, the company announced Thursday.

Two American Indian tribes sued New York state's financial regulatory agency and its head over his crackdown on Internet lending businesses, some of which are tribally owned.