Banking

Online marketplace lender OnDeck Capital has launched a new platform to better enable institutional investors to buy small business loans OnDeck originates.

Royal Bank of Canada sold its U.S. retail bank a few years ago to PNC. The company is back with a targeted play: City National, a Los Angeles bank that has built its business targeting the rich and working with Hollywood.

BankUnited in Miami Lakes, Fla., reported a drop in quarterly profits, as low yields weighed down the company's growing loan book and it faced some growth-related costs.

The consumer bureau and Maryland's AG allege the loan officers received consumer data and other services in return for business referrals.

Online marketplace lending platforms are filling real needs. But few banks participate in this booming niche, reflecting the industry's risk aversion and regulatory concerns as well as resistance to change.

Opus Bank in Irvine, Calif., has agreed to buy a pair of nonbanking businesses.

BB&T plans to add more than $20 billion in assets this year through three pending acquisitions. Management, which believes it should have no problem getting its deals approved, has started to improve how it monitors its liquidity capital ratio before new thresholds kick in.

Regulators have come to view macroprudential regulations as the guiding light of financial policy. But whether that strategy is working is open to debate.

Stephen Steinour, the head of Huntington Bancshares, cited strong projected growth in auto sales and an improving housing market as good signs for the Midwestern bank's fortunes in 2015.

For better or worse, banking is a balancing act these days.

Fifth Third Bancorp and Regions Financial are the latest banks to detail the financial fallout from a regulatory crackdown on the small-dollar consumer loan product.

Signature Bank in New York reported higher fourth-quarter profits on growth in commercial loans.

An Ohio County's tax lien sale of unpaid penalties and taxes on more than 1,000 properties resulted in more than $1.1 million.

The ATM Industry Association is forming the ATMIA Marketing Committee to share information, help members promote their products and raise the status of marketing in the ATM business.

F.N.B. Corp. in Pittsburgh reported higher quarterly earnings due to loan growth and improved asset quality.

2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.

As a consultant to Citibank in the 1970s, former Miss America Bess Myerson helped spearhead landmark consumer reforms — including the first plain-language agreement in the financial services industry.

Webster Financial in Waterbury, Conn., posted higher profits in the fourth quarter, propelled by strong loan demand.

A federal credit report accuracy study found that most consumers who previously reported an unresolved error on one of their three major credit reports believe that at least one piece of disputed information is still inaccurate.

Even if arbitration does turn out to be beneficial for many consumers, Americans should not lose their constitutional right to a day in court without being aware that they are doing so.