Retail & Commercial

A new museum exhibit chronicles the history of New York's banking scene.

Vintage Bancorp, in Leon, Kan., on Wednesday canceled its deal for CornerBank, in Winfield, Kan.

New Jersey and Pennsylvania commuters now may use American Express Co.’s ExpressPay contactless cards to pay for rides on the Port Authority Transit Corp. Speedline rapid-transit system or to park in terminal garages.

San Bernardino County is forging ahead with deliberations on a proposal to seize underwater mortgages, despite its largest city's decision to seek bankruptcy. But industry members say the bankruptcy could interrupt funding for the plan.

The pace of bank mergers slowed in the second quarter, but deal announcements still rose about 15% in the first half from a year earlier, according to SNL Financial.

An unsolicited offer by PacWest added jet fuel to the shares of First California, strengthening its hand in a takeover deal of its own and bolstering management's effort to stay independent.

Dozens of small banks have substantially increased commercial and industrial lending over the past few years. Supervisors are worried that some may be chasing unfamiliar business down a blind alley.

The nation's largest credit union is pushing loan participations, which could help credit unions make more loans despite existing regulatory caps.

International Bancshares (IBOC) in Laredo, Texas, has repurchased $40 million of preferred stock that it issued to the Treasury Department under the Troubled Asset Relief Program.

ProAmérica Bank (PMRA) in Los Angeles has named a 25-year banking veteran as its president and chief executive after a yearlong search.