Retail & Commercial

The Treasury Department is auctioning off shares it owns in seven more community banks still left in the Troubled Asset Relief Program and at least five of the banks intend to bid on all or some of the shares themselves.

American Express Co. has hatched a new name for its corporate digital payments service to drive home the message that it offers more than just cards for buyers initiating transactions.

Capitol Bancorp in Lansing, Mich., is asking its debt holders to convert their interests to equity in what appears to be a last-ditch bid to avoid bankruptcy.

The national mortgage servicing settlement has proven a bust so far in helping clear up delinquent loans. Meanwhile, penalties for foreclosure misdeeds have become a hot-button issue.

We'll know that the banking industry has returned to full health when we see a significant number of new charters. We're not there yet.

Twitter co-founder Jack Dorsey and his Square payments device were the undisputed stars of this month's Underbanked Financial Services Forum — and Dorsey wasn't even there.

A year after completing its acquisition of M&I Bank in Milwaukee, Bank of Montreal's BMO Harris Bank said it is shuttering 17 branches in Wisconsin, as well as five branches in Indiana and one each in Illinois and Kansas.

Armed with $150 million of fresh capital, Alliance Partners in Chevy Chase, Md., has announced that it is adding an equipment finance unit to go along with its existing corporate lending service.

The New York State Assembly passed a bill that protects homeowners from fraudulent business practices like robo-signing from taking place during the foreclosure process.

Loan brokers using table funding captured 9.9% of the origination market in the first quarter, a slight gain from 4Q when the sector had a 9.7% share, according to new figures compiled by National Mortgage News and the Quarterly Data Report.