Retail & Commercial

Synovus Financial Corp. (SNV) settled a shareholder lawsuit over more than $200 million in bad loans to Georgia luxury resort Sea Island Co. that the investors say were approved with a "golf course handshake" between executives of the two companies.

Rob McMillan, a wine industry expert at Silicon Valley Bank who moonlights in a rock band, dances to a different banking drummer.

With North Jersey Community the latest bank to change its name, we ask marketing experts to look at the pros and cons of rebranding.

Regions Financial (RF) in Birmingham has chosen Prudential Financial (PRU) to be the service provider for its wealth management group divisions that handle institutional and private clients.

Amy Friend, the former chief counsel of the Senate Banking Committee who previously worked at the OCC, will succeed Julie Williams as the agency's chief counsel.

EverBank Financial in Jacksonville, Fla., has added lenders to boost business with buyers and sellers of technology equipment.

VeriFone Systems announced Jan. 14 a suite of payment products, including an iPad mini version of its Payware Mobile card reader, a similar sleeve for the iPhone 5 and VeriFone HQ, a cloud-based system that allows retailers to monitor their terminals and manage their brands.

Expertise alone is insufficient without experience, and its byproduct: a "gut" feeling that enables a lender to separate the good credit applicant from the bad, the legitimate from the "con".

The president and six former officers of a failed Savannah, Ga., bank were indicted on Jan. 11 on charges of fraud and conspiracy related to failed commercial loans.

Banks, subprime lenders and borrowers had varying reactions to the agency's long-awaited ruling on qualified mortgages.