Retail & Commercial

Synovus Financial (SNV) in Columbus, Ga., reported lower first-quarter earnings because of pressure on its net interest margin.

Ahmanson had seen men get rich by focusing on the government's priorities. Now it wanted homes and mortgages. He would build a business to meet this demand.

Pacific Mercantile Bancorp in Costa Mesa, Calif., has a new president and chief executive.

Wilshire Bancorp (WIBC) in Los Angeles reported lower quarterly earnings, but when a tax benefit was excluded, its results were relatively unchanged from a year earlier.

Regions Financial Corp., Alabama's biggest bank, said first-quarter profit rose 68 percent, beating analyst estimates as the lender cuts costs and reduced provisions for loan losses.

Eighteen states and the District of Columbia have legalized medical marijuana, and some dispensaries enjoy millions of dollars in annual sales. However, such establishments may not be ideal clients for ISOs unless they and their sale agents exercise caution, say those who work with the medical marijuana industry.

Ian Hermon, product marketing manager at Plantation, Fla.-based Thales e-Security Inc. spoke to PaymentsSource about the obstacles and options facing the U.S. payments industry during its multiyear migration to EMV cards.

Profit fell at BancorpSouth (BXS) in Tupelo, Miss., on declining net interest revenue and a hefty charge for legal expenses.

Georgetown Bank in Massachusetts has named Philip Bryan its chief operations officer. Bryan had been Georgetown's chief lending officer since joining the company in 2010.

Hundreds of protestors showed up at the home of Edward DeMarco, acting director of the Federal Housing Finance Agency, calling for an end to his tenure with an already penned resignation letter awaiting his signature.