Retail & Commercial

Georgia regulators have ordered an Atlanta-area business to stop calling itself a credit union.

RBC Capital Markets recently added two bankers to its financial institutions practice.

For years, the payments industry has been waiting for Apple to disrupt the market with a payment-capable iPhone. Some are finally getting sick of the wait.

American Banker's Robert Barba on how Kansas has become fertile territory for bank deals and why more are in the works.

Consumers may not be pushing for stronger card security because they feel overly protected by the systems in use today. But they do face real costs for fraud.

Henry Michaels and Jerry Wiant of RBC Capital Markets give their outlook for deals and pricing, discuss why taking stock can still be a good thing for sellers and advise bank buyers to manage investor expectations.

Preferred Bank (PFBC) in Los Angeles is set to post its first loss since the fourth quarter of 2010 following unexpected write-downs on two loans.

Frederick County Bancorp in Frederick, Md., said Friday that its second-quarter earnings rose nearly 140% from the same period last year, to $448,000, due to improved credit quality and sharply lower deposit costs.

Three California local governments may use their eminent domain powers to seize mortgages and restructure them to help distressed borrowers stay in their homes — much to the dismay of investors who hold the mortgages.

Visa and MasterCard, the biggest payment networks, are prepared to settle a seven-year lawsuit brought by retailers to cut their credit-card costs later this month, three people briefed on the talks said.