Retail & Commercial

Here we find a bank president, who makes a loan commitment over a martini - if I may be facetious - without even looking if there is an olive in the glass.

Bank of Hawaii (BOH) in Honolulu will exit the American Samoa market in the first quarter by closing its two branches in the U.S. territory.

The mobile-payment provider Spindle has entered an agreement with the point of sale technology distributor Integrated Payments to offer its mobile commerce system to Integrated Payments' clients.

The processor Planet Payment Inc. has begun offering its iPay payment gateway to customers of the e-commerce platform provider Magento.

Citigroup has managed to train the chief executives of a number of leading banking and card network execs over the years, despite its well-documented troubles.

Fannie Mae and Freddie Mac are taking steps to help borrowers facing foreclosure remain in their homes for the holidays.

UnionBanCal in in San Francisco has completed its $1.5 billion purchase of Pacific Capital Bancorp (PCBC) in Santa Barbara, Calif. The deal, which the companies announced in March and closed Saturday, merged the $5.9 billion Santa Barbara Bank & Trust into the $88.2 billion Union Bank, which is wholly owned by Bank of Tokyo Mitsubishi UFJ Financial Group Inc.

Nicolet National Bank in Green Bay, Wis., is buying Mid-Wisconsin Bank of Medford in a deal that would combine one of the state's oldest banks with one of its newest.

ROCKY HILL, Conn. – In an age when credit unions are touting mobile banking, Nutmeg State FCU is bringing the branch to its members in a different way.

Equifax (EFX) has agreed to buy the credit services business of Computer Sciences (CSC) for $1 billion in cash.