Retail & Commercial

Wells Fargo wants to use the real-time payments network being developed by the Federal Reserve for 24/7 liquidity management. The online-only First Internet Bank aims to use it to help customers manage their bills and cash flow.

The Connecticut company has struggled to put deposits from its health savings account business to work across the Northeast. Buying Sterling Bancorp for $5 billion will provide Webster with new opportunities in a number of business lines, including asset-based lending and equipment finance.

The agency's new policy requires collectors seeking to evict tenants to provide written notice of their rights under a federal moratorium.

Year to date through Dec. 31, 2020. Dollars in thousands.

Funds affiliated with HPS Investment Partners plan to buy Marlin Business Services for $282 million.

Trabian Technology, which builds digital products and mobile applications, is the latest in a series of technology-related purchases by MVB.

The company paid Driver Opportunity Partners nearly $10 million for the shareholder's stock and to resolve a longstanding legal battle.

The Maryland company recently raised $345 million to form the subsidiary and fund growth opportunities for its bank.

The company would gain 10 branches around Sacramento as part of the $135 million acquisition.

The New York-based Citigroup is pushing ahead to set up new investment banking and trading operations in China after announcing it would be exiting retail banking in the world’s second-largest economy.