Retail & Commercial

First Horizon National Corp. in Memphis missed second-quarter profit estimates as its lending and fee income slid.

Associated Banc-Corp (ASBC) in Green Bay, Wis., announced second-quarter earnings of $47 million, up 12% from a year earlier thanks to higher net interest income and mortgage banking revenue.

The federal government says it may build databases of credit card transactions, hotel records and Internet searches as part of counter security measures.

Executives at SunTrust hope higher interest rates eventually translate into more new mortgages and wider margins, but the hit to its refinancing business is forcing cost cuts and balance sheet adjustments now.

The Georgia company is finally ready to exit the Troubled Asset Relief Program, allowing executives to set their sights on increasing revenue.

The Federal Reserve Board has levied a fine against Minster Bank in Ohio and freed a Missouri company from an enforcement action.

Ellen Futter and David Cote, two of the three JPMorgan Chase board members who became lightning rods for governance criticism this spring, have left the bank.

State Street Corp., the third-largest custody bank, said second-quarter profit climbed 16 percent as rising global equity markets lifted the value of the assets it oversees.

Online outrage this week over low wages at McDonald's has drawn in Visa, the processor of its payroll cards. The criticism comes as the cards in general and McDonald's version in particular are drawing mounting scrutiny for the fees they charge workers.

Shares of City National Corp. in Los Angeles rose Friday after it beat its earnings estimates on strong wealth management income.