Retail & Commercial

State attorneys general are pressing four regional banks — U.S. Bancorp, PNC, SunTrust and HSBC — to accept a settlement over botched foreclosures akin to a deal reached with big banks earlier this year.

MasterCard has acquired Truaxis Inc., a Silicon Valley start-up that crunches payment data to target special offers and discounts from merchants to debit and credit cardholders.

The world's second-largest payments network has been "looking at the offer and reward space for a while," says chief product officer Tim Murphy.

SunTrust Banks (STI) unveiled several major balance-sheet moves Thursday, including the final disposition of its longtime holdings in Coca-Cola (KO) and a $375 million provision for mortgage-repurchase losses.

The Federal Reserve Board has terminated an enforcement order against Rosholt Bancorp in Wisconsin.

The American Bankers Association voted Thursday to create a SuperPAC for bankers — but it has an alternative structure from Friends of Traditional Banking, the only other banking SuperPAC.

Thomas Gilmartin, TriState Capital Bank's new market president in New York, wants to put together a team of veteran bankers who share his local expertise.

If President Obama wins reelection, Democrats are likely to stay on the defensive over Dodd-Frank while trying to grapple with the reform of Fannie and Freddie.

City National Bank & Trust in Lawton, Okla., is venturing outside of its home state by opening three branches inside Wal-Mart Supercenters in Kansas.

ServisFirst Bank has expanded into Mobile, Ala., after hiring Alex Arendall and Jay Weber as senior vice presidents.