Retail & Commercial

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

A new study from Maritz Loyalty Marketing in Toronto found that a main driver of customer satisfaction with financial-services firms' loyalty programs is how easy they are to use, rather than the financial incentives they offer.

A new report from Celent finds that many banks plan to expand their branch networks over the next few years even though all the evidence suggests that foot traffic is declining and that most transactions are now conducted online.

Look up in the sky! It's a bird. It's a plane. No, Regions Financial is adding two supersized signs to the Music City skyline.

Federal Savings Bank in Kansas is growing by making mortgages to veterans, a business that other lenders have botched.

Sun Bancorp in Vineland, N.J., will close three branches near the Philadelphia suburbs as looks to cut costs.

Southwest Airlines, Pacific Convenience & Fuels LLC, RaceTrac and Brinker International Inc. have joined the retailer-driven effort to establish a mobile wallet for merchants and consumers, the Irving, Texas-based MCX announced May 9. Brinker is the parent company of Chili’s Grill & Bar and Maggiano’s Little Italy.

A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.

BancorpSouth in Tupelo, Miss., is offering early retirement to about 10% of its workforce in an attempt to cut costs.

The $394 million-asset Broadway Financial said Wednesday that its Broadway Federal Bank recently sold $8.7 million in loans to an unnamed buyer for an undisclosed price.