Commercial banking

Organizers propose new bank in Ohio


First Bank of Central Ohio would be based near Columbus, where another group opened a bank last year.


Merger scuttled, Texas bank charts new course


Now that its deal with Texas Capital has been called off, Independent Bank in McKinney plans to scale back or exit some commercial lines and will seek to duplicate its retail banking successes in Colorado.


ZenBusiness buys Joust, challenger bank for freelancers


ZenBusiness, which provides services to small businesses, will now offer banking along with tax, accounting and insurance help.


How the pandemic redefined Truist's philanthropic priorities


The company's foundation, whose mission had been carefully planned by BB&T and SunTrust before their merger, opened just nine days before the novel coronavirus was declared a pandemic. Here’s what happened next.


Kabbage launches checking account for small businesses


The online lender has already branched out into facilitating payments and analyzing cash flow for small-business customers. Its new checking account is meant to round out those services.


Wells Fargo extends insider trader restrictions to more employees


Some 3,400 additional staffers in the treasury management group will be required to get pre-clearance before making trades. The policy change was driven in part by increased regulatory scrutiny, the bank said.


Inside Goldman’s new corporate banking portal


The Wall Street firm is jumping into a market dominated by a handful of big U.S. banks, betting that superior technology can lure companies with complex cash-management needs.


U.S. Bancorp reshuffles corporate and commercial leadership


The company announced a slate of changes on Monday that includes the creation of a new position overseeing strategy for corporate and commercial banking.


Frustrated by PPP, many small businesses are ditching their banks


Business owners are changing banks at three times normal levels, a trend researchers attribute to their difficulty in obtaining emergency loans. If the forgiveness stage of the Paycheck Protection Program proves arduous, that rate could climb much higher.


U.S. Bancorp could step up branch closings post-COVID


Customers' increased use of digital channels during the pandemic could compel the Minneapolis company to rethink its branch strategy, CEO Andy Cecere said.