BankThink

The Vatican's recent criticism of credit default swaps is reigniting a debate about the use of such financial products.

Synchrony Financial said its credit-card deal with Walmart won't be renewed and will expire next year. The largest issuer of store cards said Thursday that it's evaluating whether to sell the $10 billion in balances or retain the portfolio and convert qualifying customers to general purpose credit cards.

Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter.

First Hawaiian, which is currently being spun off from BNP Paribas, has hired Ravi Mallela as chief financial officer.

Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure.