Retail & Commercial

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Regulation and low interest rates are challenging all banks, but a panel of CEOs at the American Bankers Association's annual convention shared tips on how they believe smaller institutions can succeed.

Third-quarter earnings at Intervest Bancshares (IBCA) fell roughly 15%, to $2.2 million, from a year earlier as the New York company shrunk its balance sheet.

Bankers question the fairness of some compliance penalties charged by the Small Business Lending Fund, which added 3% to its returns through June 30.

Citi, Wells and JPMorgan Chase have all taken substantial chargeoffs in response to new OCC guidance on treatment of home-equity loans, and several other large and regional banks are likely to do the same.

Without one, community banks will face increased risk of litigation they cannot afford. This could push many of them out of the mortgage market.

The gap between consumer and secondary market mortgage rates has blown out to a 12-year high, as this interactive graphic shows. Lenders have trouble explaining what will replace mortgage earnings once production fizzles, however.

Stifel Nicolaus Weisel, an investment banking firm in St. Louis, has jumped to third from sixth place among bank deal advisors this year.

Paul Cronin succeeds Diane D'Erasmo as HSBC's chief of corporate banking for the Northeast and New York City.

Committees serving an independent organization seeking to help the U.S. payments industry prepare for its conversion to EMV smartcard and contactless technology have begun examining key aspects of the transition.