Retail & Commercial

Two executives of the former Southern Community Financial in North Carolina claim that they were "unceremoniously fired" because they refused to surrender their severance deals before Capital Bank bought their company.

MasterCard and Justin Timberlake inked-a two-year endorsement deal for the entertainer to promote the card network's "Priceless Cities" marketing initiative.

We've profiled six bankers who raise the act of connecting with their communities to an art form. They are from different institutions in different parts of the country, and each has a different story.

Capital problems at smaller banks are likely to push more of them to sell, and many of them should put their holding company through bankruptcy to facilitate deals, says Evan Tomaskovic, a partner at Carl Marks Advisory Group.

WASHINGTON — The Consumer Financial Protection Bureau Monday finalized its rule to help stay-at-home partners get a credit card.

Only a couple of hours into his new job as First Data's CEO, Frank Bisignano was already plotting a strategy to deal with the historic impact of mobile technology on the payments industry.

Tens of thousands of homeowners who took out mortgages with Goldman Sachs and Morgan Stanley will begin to receive their settlement payments this week for botched foreclosure practices.

With a federal moratorium on commercial ownership of industrial loan companies coming to an end, the question of whether retailers and other nonfinancial firms should own banks has been turned on its head in the wake of the crisis and Dodd-Frank.

The best incentive banks have to strengthen their cyber defenses? To preserve customer trust.

Frank Bisignano explains why he left his role as co-COO at JPMorgan Chase to become CEO of First Data, and what his plans are for the payments processor.