Barclays Capital has hired Liz Padova Hanson as a managing director in the asset securitization origination business in the Americas.

Global assets for exchange-traded funds hit the $1 trillion mark in 2009, a milestone long expected by industry insiders and a reflection of ETFs' rapid emergence as a competitor to the $7 trillion mutual fund industry.

Huntington Bancshares Inc.'s wealth management arm aims to leverage "The Year of the Roth" into a closer relationship with its customers.

Fannie Mae will make a $919 million dividend payment to the U.S. Treasury Department after reporting a first-quarter profit driven by fees for guaranteeing loans against default and credit-related income.

New rules have made it more challenging to originate mortgages without drawing attention from regulators. Mercantile Bank in Michigan, however, believes that positive trends in its biggest markets are incentive enough to hire lenders and improve its systems.

Freddie Mac's second quarterly loss in less than a year makes it clear profitability is getting tougher as it shrinks. But it's a concern that must be weighed against more long-term efforts to reduce Freddie's overall credit risk exposure.

As the market deals with the short-term challenge of getting stimulus payments into the hands of citizens, the country has a unique opportunity to put the unbanked and underbanked on a long-term path to electronic payment methods, Jim Johnson of FIS says.

As the market deals with the short-term challenge of getting trillions of dollars of relief and stimulus payments into the hands of citizens in the coming weeks and months, we as a country have a unique opportunity to put our unbanked and underbanked citizens on a long-term path to electronic payment methods, says FIS' Jim Johnson.

Lawmakers delayed the new accounting standard as part of the stimulus package, but they shouldn't let bankers persuade them to eliminate it outright.