Retail & Commercial

Square has built its reputation as a quick and simple way for micro-merchants to accept card payments, but the company says it has proven it can serve the more demanding needs of larger retailers.

The $3.8 billion-asset bank said Wednesday that Robert O'Brien had previously worked at Landesbank Baden-Württemberg, where he led the German bank's public finance group.

If a regulator overreaches its stautory authority, fails to adequately weigh costs against benefits or tries to hold the bank to arbitrary or capricious standards, you've got a case.

Shaun Donovan, secretary of the Department of Housing and Urban Development since the beginning of President Obama's first term, is planning to stay in his job through the second term.

The new app gives users iPhone, Android access to bank accounts. CEO Steve Streit hopes it will also shake up the consumer banking market and rejuvenate his company's flagging image as an innovator.

Higher mortgage revenue and lower credit losses powered M&T Bank Corp. in the fourth quarter.

U.S. Bancorp (USB) said fourth-quarter profit rose 5.2 percent, meeting analysts' estimates, on lower loan-loss provisions.

Jamie Dimon got a 53.5% pay cut for 2012 after presiding over the London Whale's losses, but he will still bring home a $1.5 million salary and a $10 million deferred bonus.

MADISON, Wis. – Summit CU said this morning it has opened the first-of-its-kind “Inspiration Branch,” which will allow members to visualize their dreams and goals in 3-D.

The Google Chrome browser plugin from SmartyPig lets users follow an automated savings program as they shop online. The company plans to sell the service through banks.