Retail & Commercial

BB&T (BBT) has created a new south Texas region and named a longtime employee as its president.

The Washington Business Hall of Fame recently inducted Eagle Bancorp CEO Ron Paul, and the World Affairs Council of San Antonio will fete Cullen/Frost CEO Dick Evans as its citizen of the year for 2013.

The House passed a bill by voice vote Wednesday that would exempt banks from sending out privacy notices to customers if the disclosures haven't changed from the prior year.

If U.S. banks can decrease costs in routine transactions, they will be able to serve mass segments more profitably and invest disproportionately in high-margin services for the affluent.

The good cop-bad cop routine works in bank M&A, says Prosperity CEO David Zalman, who misses his "good guy" Dan Rollins, who left for BancorpSouth.

Six Federal Home Loan banks have dramatically increased home loan purchases from their members and are selling the loans to Fannie Mae, filling the gap created when large aggregators like Bank of America exited the correspondent business.

The government's recent efforts to stimulate the economy are driving up prices for MBS, creating the potential of interest rate risk for banks that are struggling to make loans.

Outspoken CEO, undeterred by recent setbacks, defends the industry's right to confront Washington, denies 'whale' losses prompted exec shuffle, dismisses chatter that he's headed to Treasury.

The prospects for a bill that would extend a program that provides a federal guarantee for certain business deposits are rapidly fading as Republicans prepare to offer a point of order designed to kill the measure.

The executive shuffle is ramping up at Visa. The payments company announced Dec. 12 that John Partridge will retire as the company’s president at the end of March.