Retail & Commercial

Credit card issuers may be able to target their marketing better through a new Equifax prospect-scoring model that identifies the consumers most likely to open an account.

Lakeland Bancorp (LBAI) in Oak Ridge, N.J., recorded higher second-quarter earnings as credit quality improved and loans increased.

Landlords are piling the most debt onto commercial properties in five years as Wall Street banks bundle the loans into bonds to meet rising demand from investors seeking high yields amid record-low interest rates.

Jim McMahon may have been a master at the Super Bowl Shuffle dance, but the former Chicago Bears quarterback apparently was less skilled as a bank director.

The luxury retailer Neiman Marcus is now accepting the Discover (DFS) credit card at is 42 namesake stores and its Bergdorf Goodman stores in New York.

A group of investors led by Yahoo co-founder Jerry Yang has agreed to invest $4.8 million in a Redwood City, Calif., payments network that lets people use retailers' gift cards to buy goods and services from other merchants.

Green Bancorp CEO Geoff Greenwade wants to buy more banks, which he hopes will ultimately make the Houston bank more attractive to buyers.

Equity Bancshares in Wichita, Kan., plans to merge its two banking units to reduce expenses.

The city says the bank's inaction has blighted neighborhoods, but U.S. Bank insists it is suing the wrong party.

Much more can be done with proven strategies like short sales, home leaseback programs and refinancing for underwater borrowers.