Retail & Commercial

The looming fiscal cliff has spurred Southside Bancshares of Tyler, Tex., to pay out more of its profits to shareholders.

Fed Gov. Elizabeth Duke said heightened burden from Dodd-Frank and Basel rules could make mortgage lending a less viable option for community banks, which make up a "significant" portion of the market.

Stifel CEO Ronald Kruszewski and KBW CEO Thomas Michaud discuss how the two investment banks complement each other and give their outlook on bank M&A.

A lawsuit that charges Bank of America’s (BAC) Merrill Lynch unit with misleading mortgage investors will be permitted to proceed, a federal judge in Manhattan has ruled.

Provident Financial Holdings (PROV) in Riverside, Calif., has increased its fiscal-year first-quarter earnings after uncovering an accounting error.

Dozens of community banks may freeze their pension plans over the next several years, as they seek to cut costs and limit their potential liabilities. One that did so is Rockville Financial, whose CEO says it could no longer justify to shareholders the expense of a pension.

MoneyGram International has set aside $100 million for victims of consumer fraud scams as part of an effort to settle an investigation by the Justice Department and U.S. Attorney's Office for the Middle District of Pennsylvania.

Google has reinvented its mobile wallet a few times, and its latest reinvention, a rumored plastic card, raises questions about the mobile-pay product’s direction.

President Obama's re-election will speed up implementation of Dodd-Frank, increasing regulatory burden and potentially spurring some bankers to finally sell.

The Dodd-Frank Act, sold to the public as the tamer of the Wall Street titans, may well end up having a disproportionate impact on smaller institutions, thanks to the costs of capital implications of being "not too big to fail" and the advent of the CFPB.