Retail & Commercial

Deutsche Telekom AG's announcement July 2 of a mobile payments partnership with MasterCard highlights the opportunities for issuers in mobile wallets being developed worldwide, including in the U.S.

Though bank deals have risen in Texas because of its robust economy and in California because of abundant capital, small Kansas banks are partnering because they worry about their viability as little guys.

Navy Federal Credit Union in Vienna, Va., has established a commercial loan participation program in which it will buy business loans from other credit unions that are nearing their cap on business lending.

The bank joins the lengthening list of major institutions which have opted to stop fighting the case.

KeyBank engineered a low-dollar consumer lending product that makes money and pleases consumer advocates. The template's there for anyone who cares to look.

Camden National Bank in Maine has agreed to sell a branch in Rockland, Maine, that it is buying from Bank of America (BAC) because of competition concerns raised by the Justice Department.

The thirst for greater clarity about capital spending and valuations is prompting bank buyers and sellers to flock to cash.

QCR Holdings (QCRH) in Moline, Ill., has repaid about a fourth of its money it received from the Treasury Department's Small Business Lending Fund Program as part of its effort to increase its tangible common equity.

Sterling Financial (STSA) in Spokane, Wash., is selling all of its Montana branches as it aims to become more efficient and improve its overall profits. Eagle Bancorp is buying the branches for $7.3 million.

In a last-minute reversal, David H. Stevens, the president and chief executive of the Mortgage Bankers Association, will remain at the trade group rather than departing to run SunTrust Mortgage, as he announced plans to do a month ago.