Retail & Commercial

Team Capital has no plans to go public, but it is helping investors cash out by partnering with a New York broker-dealer that makes markets in illiquid stocks.

Diane D'Erasmo will focus on multinational firms doing business in the U.S. She had been head of HSBC's commercial banking in the Northeast.

Former FDIC chairman Sheila Bair, who vocally criticized the Citigroup bailouts in her new book, said Friday that she sees few growth prospects for the bank.

The $4.4 billion-asset bank holding company based in Dubuque, Iowa said Thursday it would buy Heritage Bank in Phoenix for $16 million in cash.

Many community banks could find themselves in the same dilemma as LNB in Ohio, which is weighing the pleas of activist shareholder Umberto Fedeli to repurchase its Tarp shares from private investors. It has to choose between paying higher dividends or a costly capital raise.

The Consumer Bankers Association has elected Iberiabank executive Bob Kottler as its new chairman for 2013, the group said in a press release Thursday.

Growth in business lending by commercial banks remained brisk in the third quarter according to preliminary data, but continued to slide from a recent peak.

The Sunshine State is on its third banking commissioner — Drew Breakspear — in slightly more than a year.

Despite assurances from the Consumer Financial Protection Bureau that confidential information is protected, any discussions with lawyers about lending policies and procedures could wind up haunting lenders at exam time.

Total System Services expanded its payments processing reach this week in Africa and Mexico.