Retail & Commercial

Retailers should determine how new mobile payment systems will work within the structure of their business, rather than fret over the specifics of the technology, says Jamie Henry, senior director of payment systems at Wal-Mart Stores Inc.

A strengthening housing market lifted Washington Federal (WAFD) in Seattle in the first quarter.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg said regulators are homing in on concerns expressed by community banks in discussions on finalizing the capital rule.

Pinnacle Financial Partners (PNFP) in Nashville, Tenn., reported record quarterly profit after noninterest income jumped.

The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.

Comerica Incorporated (CMA) beat first-quarter earnings estimates by controlling costs and reducing bad loans.

BBCN said in a press release Tuesday that the acquisition would position the $5.6 billion-asset company as "the leading Korean-American bank in Chicago" while providing it with entry into the Washington, D.C., market.

Avoid closing locations solely based on performance, test drive outreach programs and consider other options, such as amending hours, before shuttering an underperforming location.

Financial Institutions in Warsaw, N.Y., has named a new chief financial officer.

U.S. Bancorp (USB) said first-quarter profit rose 6.7 percent, matching analysts' estimates, as the company set aside less for bad loans.