Retail & Commercial

Eric Smith and Michael Morton have been brought on as vice chairs to help build out the Chicago bank's commercial lending arm.

Citi, Goldman chiefs say they won’t be pressured to stop financing companies based on carbon footprint; Vodafone bolts from Facebook’s digital currency project.

The proposed merger will create a $10 billion-asset bank based in Nashville, Tenn.

The company will pay $29 million for Virginia Bank Bankshares.

For small regionals like Atlantic Union and F.N.B., the biggest opportunity to snag customers will come when the rebranding of BB&T and SunTrust branches begins next year.

As lending slows, new tools could help credit unions expand opportunities to make loans to would-be borrowers they might not otherwise consider.

The Dallas bank’s troubled energy loans reached a nearly two-year high as crude prices plummeted.

The agency is sending a strong message that it won’t rush to end an exemption for Fannie Mae and Freddie Mac while also signaling longer-term changes that will affect all lenders.

While the New York bank has a handle on deposit pricing, Joseph DePaolo said a new accounting standard will play tricks with how it addresses credit quality.

U.S. Rep. Carolyn Maloney (D-N.Y.) has called on the National Credit Union Administration to halt all sales and foreclosures of taxi medallion loans it obtained following the liquidation of several New York-area credit unions with high concentrations of delinquent medallion loans.