Retail & Commercial

On Dec. 31, 2020. Dollars in thousands.

The Tennessee bank's deal for Fountain Leasing is set to close this month.

Human resources professionals predict that 2021 will be a year of rampant job-hopping as workers who were reluctant to make a move during the pandemic are now reassessing what they want.

Some say Equifax, Experian and TransUnion are too slow to investigate grievances, prompting more complaints to the Consumer Financial Protection Bureau. But the big three say other forces are at work.

Kearny Bank in New Jersey and four other banks were struggling to manage escrow accounts where the rules vary widely between industries and states, so they teamed up on a tech solution.

Kerry Killinger, former CEO of Washington Mutual, says the asset bubbles and increased consumer debt that contributed to his company's failure are reappearing.

The Texas company kept allowances steady, citing lingering concerns over the pandemic and commercial real estate. Yet it plans to open 25 offices in Dallas after a similar expansion in Houston drove asset and customer growth.

The regional bank has renovated an office tower in downtown Buffalo, N.Y., to house 1,000 technology professionals it's hiring, retrain workers, collaborate with fintechs and overhaul everything from mortgage lending to fighting debit card fraud.

Mike Butler will also become president of the de novo, which focuses on technology companies and venture capital firms.

Looming defaults and the potential for heavier regulatory scrutiny have prompted banks to pull back from the sector. Is that a good thing?