Retail & Commercial

Wells Fargo CEO John Stumpf said banks are no longer "too big to fail," and admonished fellow bankers to accept the existence of the Consumer Financial Protection Bureau.

First Mariner Bancorp (FMAR) may not keep its name on a local arena but the Baltimore bank will continue to have a popular pitchman.

SPOKANE, Wash. – Numerica CU plans to open two new branches by the end of next year, including one this year in the two-story former First National Bank Building downtown.

The Independent Community Bankers of America has elected its executive committee for the next year.

The Consumer Financial Protection Bureau proposed adding nonbank student loan servicers, which account for over 70% of the student loan market, to its supervision program.

While many bankers cite new regulations or the sluggish economy as their primary challenges, PNC's CEO-in-waiting said that an even bigger hurdle could be figuring out how to charge customers for products and services that banks currently give away for free.

Little Bank (LTLB) in Kinston, N.C., said Thursday that it had received regulatory approval to repurchase up to 56,485 shares, or 2% of outstanding shares.

VeriFone's stock price recovered slightly upon CEO Bergeron's resignation, signaling investor interest, and competitor Pax Technology was quick to draw attention to recent speculation that VeriFone would be for sale.

Liberty Bank's deal for Southern Connecticut Bancorp could signal an M&A trend — mutual thrifts with lots of capital acquiring small, publicly traded banks.

CS Consulting found that banks that promote customer service generate higher investor returns over the long term.