Retail & Commercial

There were more deals in May worth at least $50 million than in any month in well over a year, but market volatility could slow activity down again.

Three years after arriving, CEO Chris Bauer has helped Anchor survive by reducing costs and shrinking the Madison, Wis., company's assets. The thrift remains adequately capitalized, but the company still needs a $250 million lifeline.

Signature Systems says its Swift Exchange platform can address a pain point for rewards wallets: rewards are easier for consumers to earn than to spend.

Subprime credit card borrowers are on the move again, opening significantly more new accounts than they did during the recession as lenders ease up on their ultra-tight underwriting standards.

Banks are in danger of having their lunch eaten by non-bank purveyors of new technology like the digital wallet, but there are significant opportunities as well, says Peter Kight.

Ignoring state appraisal laws may subject bank employees or third-party service providers to fines or even criminal penalties. National banks relying on federal preemption for appraisal laws should take another look at that assumption in light of Dodd-Frank.

Pegasus Bank in Dallas said Wednesday that it had raised $3.5 million in a stock sale and that it is using the funds to bolster its capital ratios.

The biometric security company SmartMetric has secured an additional $1 million in funding from investors.

Post Oak Bank in Houston is looking to raise roughly $20 million through a stock sale and could use at least a portion of the proceeds to make its first-ever acquisition.

A debt settlement operation that allegedly lured consumers with exaggerated claims agreed to a $3.3 million settlement of charges of deceptive practices brought by the Federal Trade Commission.