Retail & Commercial

Fees and commissions provided a silver lining for BancFirst in Oklahoma City last quarter.

Raj Date, the former deputy director for the Consumer Financial Protection Bureau, has started a bank advisory firm that will focus on consumer finance issues, including assisting mergers and acquisitions through private equity partnerships.

Bank of America (BAC) reported a jump in first-quarter profit that missed some analysts' estimates as lower mortgage banking income slowed the company's turnaround. The shares dropped 3.3 percent in early New York trading.

The prepaid card industry has a lot to teach the companies that handle virtual currencies, as the Bitcoin economy begins to attract the same regulatory scrutiny prepaid cards received over the past several years.

Poorly written regulations from the Department of Housing and Urban Development are at the crux of a force-placed insurance fight between lenders and homeowners, federal judges declared at a hearing earlier this month.

Fulton Financial (FULT) in Lancaster, Pa., reported a slight increase in quarterly profit as better credit quality and higher securities gains offset revenue declines.

ING U.S., the American insurance unit of ING Groep (INGA), plans to raise as much as $1.54 billion in an initial public offering as its Dutch parent focuses on operations at home.

Jacoby Dickens, majority owner and chairman of Seaway Bancshares, died Sunday at his home in Fisher Island, Fla., Crain's Chicago Business reported.

Comerica is generating enough loan growth in its key markets that it is under no pressure to expand through acquisitions, Chairman and Chief Executive Ralph Babb says.

Richard Davis, whose U.S. Bancorp reported a quarterly revenue slowdown, says the threat of higher rates actually would stir complacent corporate borrowers to seek more credit. But when that would happen is anybody's guess.