Retail & Commercial

The House Financial Services Committee plans to mark up legislation Tuesday to wind down Fannie Mae and Freddie Mac and replace them with a system primarily driven by the private sector.

An upcoming dividend rate increase on shares issued under Tarp could prompt more banks to find buyers.

Two new bills in Congress would undermine Dodd-Frank’s ability-to-repay rule and recreate incentives for lenders to steer families into high-risk, high-fee loans they do not understand and cannot afford.

Customers Bancorp in Wyomissing, Pa., has begun a $25 million debt offering.

The startup scene offers a glimpse into what the future of banking services will look like.

The chief operating officer at BBCN Bancorp in Los Angeles is stepping down.

Bank of Hawaii in Honolulu reported a slide in quarterly earnings as lending income fell.

Citigroup is migrating its commercial card business in Turkey to its global platform, as the bank plots additional moves into Russia and other markets.

Bank buyers are starting to pay more for assets; valuations soared this month in Prosperity’s deal for FVNB and MB Financial’s deal for Taylor Capital, which could be the sign of increased prices for future bank M&A.

The bank of the future is a humanizing bank, where the focus is on relationships, intimacy, depth, and human connection – supported by technology.