Banking

Square has launched Square Capital, a credit program for small business, joining a growing number of companies breaking into small-business lending.

First Horizon National (FHN) in Memphis, Tenn., has agreed to buy 13 branches from Bank of America (BAC).

Citigroup Inc. Chief Financial Officer John Gerspach said second-quarter trading revenue could be down 20 percent to 25 percent from year-earlier levels in a market he described as "becalmed."

Bank of New York Mellon Corp., the world's largest custody bank, expects to record an after-tax charge of about $100 million in the second quarter linked to administrative errors in certain funds it manage

MasterCard Inc. plans to help its cardholders address issues that arise from identity theft, while also extending its zero liability policy to include PIN-based and ATM transactions.

UBS Wealth Management Americas, an arm of Switzerland's largest bank, has joined the growing list of lenders in the United States gunning for mortgage volume through the wealth management channel.

A consolidated exam force could give state regulators access to federal resources without undermining the dual banking system.

The fleet card provider WEX Inc. has extended its contract to provide private-label and fleet card services for Phillips 66.

Poage Bankshares (PBSK) has fended off a proxy challenge from activist investor Joseph Stilwell.

Regulators are cracking down on third-party relationship risk. Some vendors say they've got this covered, others say it’s changing their business.

Wells Fargo fared well in recent surveys of bank brands, but otherwise consumers' perceptions of large banks were all over the map.

Solera National in Colorado went through a messy proxy fight with its biggest shareholder. The contest prompted the company's OCC examiner to ask for an invitation to the meeting.

California Bank of Commerce (CABC) in Lafayette plans to raise $12 million through a secondary offering.

Bank of America (BAC) has upgraded its mobile banking app. The new version includes a calendar feature that lets customers schedule appointments at local branches.

Royal Bank of Scotland's mission to sell its U.S. banking arm Citizens Financial Group to outside investors just got a major boost.

Young banking customers are more interested in online banking than their older peers, according to a report from financial services consulting group Accenture.

WSECU, a credit union that has replaced tellers with universal agents, offers a case study in how to sell the concept to employees.

Intuit Inc. has entered an agreement to buy Check for $360 million, adding payment capabilities to its online and mobile personal financial management (PFM) offerings.

The FTC wants Congress to consider legislation to make data broker practices more visible to consumers and to give consumers greater control over their information.

The House Financial Services Committee passed three bills last week that could make mortgage lending a little easier.