Retail & Commercial

As Wright Express Corp. expands internationally and creates new products not solely focused on the freight community, it decided it was appropriate to pick a new name. Wright Express now calls itself WEX Inc.

In recent months, several payments industry players have expanded north into Canada, benefiting from the country's similar financial landscape and largely absent language barrier, but sometimes slowed by differences in regulation and technology.

CANTON, Ohio – Diebold Inc. said yesterday it is suspending plans to build a $100 million headquarters in nearby Green, Ohio, and is forfeiting tens of millions in tax breaks that would have covered the entire cost of the 500,000-square-foot building and corporate campus.

First Financial Bancorp announced plans to trim its expense base by $17.1 million over the next year.

The leading insurer in the force-placed market is working to make its products more flexible as regulators push on pricing and payments to servicers. Some large banks are changing their practices, too.

If Romney wins the White House, Republicans will likely push through changes to the CFPB's leadership structure, but could butt heads in the short term with Director Richard Cordray.

Largely silent until now, merchants who support the the $7.5 billion settlement over credit card interchange fees have a message for the more vocal dissenters: take the deal and move on.

EverBank Financial (EVER) showed during the third quarter that it was willing to sacrifice its net interest margin to build both sides of its balance sheet.

Joseph Ficalora, the CEO of New York Community Bancorp, blames the tumble in its shares this week on traders betting against the company ahead of its third-quarter earnings report.

C.G. Kum, the CEO of First California Financial Group, gave inconclusive answers to analysts' questions about whether the $2 billion-asset company can resist shareholder calls to seek buyer.