Retail & Commercial

Banks including Wells Fargo and KeyBank are helping online customers predict their short-term cash flows, in an effort to increase satisfaction.

State Street Corp. said Friday it will shed roughly 630 positions, or 2% of its global work force, in the coming year.

Southwest Bancorp (OKSB) in Stillwater, Okla., reported higher earnings because of lower expenses, fewer loan losses and higher fee revenue.

Northfield Bancorp in Woodbridge, N.J., has completed the stock offering for its conversion to a fully public company.

It seems clear that the Consumer Financial Protection Bureau believes balloon mortgages are not abusive or predatory. Why, then, does the rule so restrict their use?

It takes more than 1,000 days for banks to repossess a home in New York, stalling a housing recovery by keeping pressure on values for years to come as a constant drip of distressed properties enter the sales market.

Carver Bancorp in New York has shuffled several managers while creating a new position of president and chief operating officer.

Wintrust Financial (WTFC) announced another small acquisition to expand its operations in Illinois, saying it would buy First Lansing Bancorp, which has seven branches, $370 million in assets and $325 million in deposits.

Higher costs weighed on UMB Financial (UMBF) in Kansas City, Mo., in the fourth quarter. Earnings at the $14.9 billion-asset company fell 9.4% from a year earlier, to $21.1 million.

Higher costs offset revenue gains at Community Bank System (CBU) in Syracuse, N.Y., in the fourth quarter. Earnings at the $7.5 billion-asset company fell roughly 1% from a year earlier, to $18.8 million.