Retail & Commercial

CEO Michael Corbat presided over an executive-studded branch opening in Washington on Wednesday, promoting Citigroup's commitment to tech-heavy urban locations even as the bank closes branches elsewhere.

AmericanWest Bank in Spokane, Wash., has promoted an insider to oversee its expansion into Oregon and northern California.

CrossFirst Holdings in Leawood, Kan., has wrapped up a $22 million private placement.

Constraints on fees for arranging loans will encourage car dealers to charge more for other products and services to make up lost revenue.

The Consumer Financial Protection Bureau on Wednesday published a compliance guide for small banks and mortgage lenders to better understand and comply with a rule that requires lenders to ensure borrowers have the ability to repay a loan as well as creates a separate class of loans known as "qualified mortgages."

A new report recommends that banks should add prepaid cards to their products if they want to attract younger customers.

Stieven, who has followed banks 30 years, managed a portfolio teeming with bank buyers. Still, he cautions against deals that only build scale.

The designer, reality television star and daughter of Donald Trump will not seek re-election to Signature's board, due to her "highly demanding schedule."

Big banks and their CEOs are facing lots of questions at their upcoming shareholder meetings, but the stakes might be higher for community and regional banks.

WASHINGTON — The Obama administration is estimating that the Federal Housing Administration will likely require almost $1 billion in additional funding from the Treasury Department to shore up its capital reserves later this year.