Retail & Commercial

User input from a pair of tech firms says a vast majority of lenders who are moving toward automated processing have an eye on the stew of mortgage rules that mandate more disclosure and tighter processing.

Banks are growing increasingly worried that the failure to stem impending tax hikes and steep budget cuts could reduce lending demand, savage profits and cripple M&A activity.

The $1.5 billion-asset Fidelity said it plans to consolidate its existing branch in Liberty, N.C., into the newly acquired location less than a mile away.

Forget the chitchat, find seasoned bankers (especially from your previous employer) and invite them over to meet the CEO — that's the recruiting formula Rodney Rushing uses at ServisFirst.

The Fed had reached the agreements in 2010 with America's Community Bank in Blue Springs, Mo., and First Capital West Bankshares in Laramie, Wyo.

BNC Financial Group (BNFI) in New Canaan, Conn., has promoted Robert J. Palermo to become the president of Bank of Fairfield.

The credit card issuer intends to offset an expected decline in revenue from add-on products by becoming a more well-rounded consumer bank.

New players are disrupting the established order and taking market share from independent sales organizations. This rapid pace of change in payments may drive many ISOs out of business, speakers said at an industry event.

Bankers "wake up in the middle of the night" worrying about data breaches, a Citigroup executive said this week, as several big banks faced a wave of cyber attacks.

Bankers “wake up in the middle of the night” worrying about data breaches in the U.S. payment system, a Citigroup executive said this week.