Retail & Commercial

Bank of the West's mobile app now includes a subtle feature that could have a substantial effect on its customers' payment habits.

Banks are in an ideal position to develop a mobile wallet that could survive in a market that is otherwise "a hodgepodge of various wallets looking to stake a claim in banks' traditional payments industry stronghold," according to a new mobile wallet report from Mercator Advisory Group.

Regulators may fault JPMorgan Chase (JPM) for failing to conduct sufficient due diligence into accounts held by the investment firm of disgraced money manager Bernard Madoff, Reuters reported Monday.

The president and chief executive of Rocky Mountain Bank in Billings, Mont., is moving on to Herring Bank in Amarillo, Texas.

C&F Financial (CFFI) in West Point, Va., has snagged Gail Letts, an executive from SunTrust Banks (STI), to lead its business in the state's capital.

Activists staged a tax-time protest against big banks that used an adaptation of the classic video game "Space Invaders."

When Iberiabank lowered the amount of money it expects to receive in FDIC loss-sharing, it meant some credits are performing better than expected — and that some losses might show up after the FDIC agreement runs out.

Credit card delinquencies ticked down in March, and releases of reserves for loan losses boosted first quarter profits.

Bank of America (BAC) is rolling out a new interface for its online site that enables companies to set up and manage credit card accounts.

Policymakers clearly don't want to harm small banks, but it's difficult to see how they can insulate us from the macroeconomic effects of some of the proposals being considered.