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By Robert Barba
MAR 31, 2010 3:07pm ET

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Regulators Hit TierOne and Midwest with Tough Enforcement Orders

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The future of two large community banks in the Midwest is in jeopardy after regulatory orders that require the banks to raise capital quickly or find a buyer.

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Facebook Moves into Payments
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Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
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Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.

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