Banking

Big businesses' mixed feelings about their large bank partners are especially obvious when the conversation turns to proposed reforms of money-market funds, which corporate treasurers say could increase the power of "too big to fail" banks.

A federal charter for National Consumer Credit Corporations could help community bankers serve (and profit off) low-to-moderate-income consumers.

Ellington Financial in Old Greenwich, Conn., has raised roughly $76.7 million through a public offering and will use the funds to acquire securities and loans.

The banking industry, reeling from public outrage and increased regulation, is proving incapable of finding a champion to replace sidelined JPMorgan Chase CEO Jamie Dimon.

Citigroup became the first Western bank to issue credit cards in China without co-branding from a local financial institution as the government relaxes restrictions in the world's second-largest economy.

Citigroup became the first Western bank to issue credit cards in China without co-branding from a local financial institution as the government relaxes restrictions in the world's second-largest economy.

As Wright Express explores ways to incorporate mobile-payment initiatives, it is beginning to test products outside the U.S. first before launching them here, according to a top executive at the fleet card provider.

IMGCAP(1)]

IMGCAP(1)]

Sound Financial in Seattle is nearing its conversion a fully stock-owned company.

HomeStreet Bank in Seattle has added the U.S. Small Business Administration loans to its menu of services for small and middle-market companies in the Puget Sound region.

M&T Bank (MTB) has opened a new energy-efficient branch in Newburgh, N.Y., as part of a $10 million investment initiative in the Hudson Valley area.

Kevin Kabat of Fifth Third and Stephen Steinour of Huntington Bancshares have a lot to win — or lose — if they bid for Citizens Republic of Flint, Mich.

First Financial Bank is working with NCR to upgrade and replace more than 135 ATMs across its three-state footprint.

An unsteady housing market has many banks still sitting on the sidelines, creating opportunity for a nonbank that specializes in buying problem assets.

A Massachusetts bank finds its customers are not ready for video tellers, so it's turned instead to staffing software to have just the right number of employees on hand in each branch.

The U.S. Bank Business Visa Charge Card has no annual or monthly fee and helps small businesses build their credit, manage cash flow and earn rewards, U.S. Bank, a unit of U.S. Bancorp (USB), said Monday.

U.S. Bank is offering a new charge card designed for small businesses.