Retail & Commercial

The ideal of responsive design, in which one set of web pages displays perfectly on any device, has yet to be realized, some observers feel.

First Citizens Bancshares (FCNCA) in Raleigh, N.C., reported a large increase in its quarterly earnings after the sale of a large portion of its processing-servicing business.

The $11.5 billion asset company in Laredo, Texas, earned $28.1 million or 42 cents per share, compared with $28.3 million in the first quarter of 2012.

The share of all loans that were at least one payment past due or in foreclosure fell to 10.3% in the first quarter, the lowest level in four years, the Mortgage Bankers Association said Thursday.

New POS schemes bring uncertainties. Merchants need partners who can help them scale their solutions while growing sales and increasing customers.

Through a partnership with Bitcoin payment processor BitPay Inc., Gyft now accepts bitcoins for its mobile gift card product. This extends the virtual currency's reach to more than 50,000 retail locations.

Wallis State Bank has expanded beyond the Houston area to open its first full-service branch in Dallas.

Executives from Citigroup, Goldman Sachs and ING U.S. were among the honorees at an annual awards ceremony hosted by Legal Momentum, a women's legal defense and education fund.

Quarterly profit rose at NASB Financial (NASB) in Grandview, Mo., on stronger credit quality and noninterest income.

In three years of “say-on-pay” votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.