Retail & Commercial

Many U.S. issuers and merchants aren't sold on signature-only EMV cards — they will most likely take the popular chip-and-PIN approach, but it will take time and it may be a patchwork affair at first.

A Los Angeles law firm offers to pay brokers for convincing homeowners to pay $5,000 "referral" fees and sue banks. Critics raise legal and regulatory questions.

WASHINGTON — The Commodity Futures Trading Commission will hold a daylong public roundtable on the Volcker Rule on Thursday, May 31, the agency announced.

Two small Pennsylvania banks — First Priority Financial of Malvern and Affinity Bancorp of Wyomissing — have announced a deal that would create a 10-branch bank outside Philadelphia.

Writeoffs for bad loans, excluding mortgages, have dropped almost to pre-recession levels, according to a report from Equifax.

Buoyed by strong revenue and loan growth, the U.S. operations of TD Bank Group in Toronto reported earnings of $358 million in the quarter that ended April 30, up 16% from the same period last year.

The acquisitive bank in Lafayette, La., benefits from having executives who have lived all over in their careers - but constant relocation can test a marriage, Chief Executive Daryl Byrd says.

WASHINGTON — The U.S. Supreme Court on Thursday ruled Louisiana borrowers can't sue Detroit-based Quicken Loans Inc. on allegations the company charged them loan-discount fees but did not provide reduced interest rates in return.

As the potential end of unlimited deposit insurance for noninterest bearing accounts nears, industry observer weigh in on what could to happen to those deposits. Some see the Dec. 31 end of the program as a 'litmus test' for Too Big To Fail and an opportunity for smaller banks.

A small Florida bank has refused to sign an enforcement order that would require it to beef up its capital reserves and reduce its risk, and now its state regulator is asking the courts to step in.