Retail & Commercial

Lenders grew more optimistic that Congress will undo or narrow the loan-loss accounting standard after members of a House subcommittee assailed Russell Golden for approving the rule without studying its impact on credit availability.

Alan Kline, a 22-year veteran of American Banker, has previously served as editor-in-chief of US Banker.

Executives at Beach Community want to pursue more acquisitions in central Florida.

The Massachusetts savings bank will gain branches in two communities as part of the acquisition.

In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to license and oversee the debt collection industry.

In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to license and oversee the debt collection industry.

The New York bank was burned by a core replacement project that failed in 2011. This time it's using its PurePoint unit as a test lab and co-developing the software.

The New York bank said Wednesday that its first-ever credit card has brought in nearly $2 billion of loans in less than six months.

A tough fourth quarter seemed to foreshadow challenges in the year ahead for the nation’s fifth-largest bank.

Brian Moynihan said banks must be mindful of pricing and risk as they contend with lower yields on loans and securities.