Retail & Commercial

Several well-known U.S. banks and credit card companies call themselves "global." During a two-week vacation in Thailand, an American Banker editor put their claims to the test.

Wintrust Financial (WTFC) has agreed to buy HPK Financial, the parent of Hyde Park Bank and Trust.

A simpler calculation isn't necessarily the right one. If a capital ratio misrepresents a bank's risk or creates incentives to take on more of it, simple is scarcely an improvement.

Although hospitality-focused mobile payment application developer Tabbedout's technology has some resemblance to Square's mobile wallet, the vendor says it designed its system to be more compatible with established payment systems.

Real estate values in some Detroit neighborhoods are surging as the state's automobile industry recuperates and investors flip bank-seized properties.

CLEVELAND – Cardinal Community CU is opening a branch at Lake Catholic High School.

Federal Reserve Bank of New York President William C. Dudley said the central bank's new stimulus is vital for boosting "unacceptably slow" improvement in economic growth.

Lending for mortgages dropped in 2011 as refinancings declined and many borrowers relied on loans backed by the Federal Housing Administration, according to bank regulators' 2011 data on housing loans.

Cullen/Frost Bankers will close four branches in the Rio Grande Valley this fall. The company gained the branches after it bought the parent company of the $401 million-asset Alamo Bank of Texas in 2006.

New HMDA data show FHA- and VA-supported loans holding a huge share of the market as overall home loans and refis are still on the decline.