Retail & Commercial

Mackinac Financial (MFNC) in Manistique, Mich., has received regulatory approval to buy back nearly two-thirds of the preferred stock it issued under the Troubled Asset Relief Program.

William Harrison, former chairman and CEO of JPMorgan Chase, is "very happy" with the bank's current position and confident the fallout from its London Whale trading losses will blow over.

A former chief executive and chairman of NewBridge Bancorp (NBBC) in Greensboro, N.C., plans to retire from its board.

CNB is an infrequent buyer but agreed to acquire a smaller bank near Columbus, Ohio, as a way to enter a market without abandoning its preference for organic growth.

Most of a class-action lawsuit that charges Deutsche Bank and four of its former executives with misleading investors may proceed, a federal judge in Manhattan has ruled.

The Office of the Comptroller of the Currency's Mortgage Metrics report showed further reductions in delinquencies and homes seized by lenders in the fourth quarter.

Community Financial Shares (CFIS) in Glen Ellyn, Ill., has raised nearly $500,000 through a rights offering.

Women business owners have more trouble obtaining loans than do their male counterparts because they tend to operate businesses with lower profit margins, according to a report released Wednesday.

For banks looking to poach customers disaffected by mergers among rivals, there is plenty of opportunity. More than 20% of deposits have changed hands recently in about 50 markets around the country.

The Federal Reserve Board is getting ready to take a statistical snapshot of Americans' spending and saving.