Retail & Commercial

Relying solely on a fortress mentality that trusts in firewalls, antivirus and other countermeasure technologies has been shown, time and again, to be insufficient.

When it comes to borrower vetting, there's some information that only originators are checking.

Retailers’ mobile-pay apps are gaining popularity, and many merchants hope their customers will spread their brand affinity by using the apps to send virtual gift cards to a friend or family member’s device.

Shares for M&T Bank Corp. (MTB) rose Wednesday after the Buffalo, N.Y., company reported that third-quarter income climbed 66%, to $273.9 million, from a year earlier.

Rising mortgage lending and a growing wealth management business is propelling profits at First Republic Bank (FRC) in San Francisco.

Nonbank competitors are forcing financial institutions to utilize new skills sets. Conservative thinkers must now be imaginative, followers must become visionaries and the risk adverse must embrace uncertainty. Here's how to develop a forward-looking strategy in the changing landscape.

Third-quarter earnings rose more than 19% at Comerica (CMA) in Dallas from a year ago but fell short of expectations.

Third-quarter earnings at Taylor Capital Group (TAYC) more than doubled to $15 million from last year as mortgage banking revenue continued to soar.

Comptroller Tom Curry remains committed to a push for higher capital levels, but he also suggested this week that agencies are considering other ways to reduce Basel III’s burden on community banks.

Shares of Cathay General Bancorp soared Wednesday after the Los Angeles company reported a nearly 20% increase in its third-quarter profit.