Retail & Commercial

Southwest Bancorp in Stillwater, Okla., has hired Mark W. Funke as its new president and CEO. Funke, who was a market president for Bank of Oklahoma, is expected to join Southwest Oct. 1.

Designating certain companies as systemically important accomplishes nothing more than putting them into a closer relationship with the government, making the designation itself a self-fulfilling prophecy.

Cards for Discover Financial Services will be issued in Europe for the first time through an expanded partnership between the credit card company and Russian Standard Bank.

Cards for Discover Financial Services will be issued in Europe for the first time through an expanded partnership between the credit card company and Russian Standard Bank.

If Congress fails to extend this 2007 law, millions of already-struggling families would face a substantial tax bill shortly after working out a deal with their mortgage lender – undermining short sales and other foreclosure prevention efforts.

Few things cut through the skepticism many folks hold toward a business (or even industry) as much as genuine, altruistic actions.

Online marketplace Etsy is putting more marketing muscle behind its PayPal alternative, Direct Checkout, as it waives processing fees this month and makes Direct Checkout a requirement for accepting its virtual gift cards, which launch next month.

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New York Community Bancorp announced Tuesday that it has finished streamlining its core platform and related systems, including online banking, automated voice response and ATMs, across all 68 of its branches.