Retail & Commercial

Admitting he should have moved more quickly to retool management during a decade of explosive growth, First NBC Bank Chairman and Chief Executive Ashton Ryan Jr. announced several changes designed to improve the New Orleans company's governance practices.

Huntingdon Valley Bank in Pennsylvania has revived its plan for a mutual conversion.

Marketplace lenders that have partnered with banks face more scrutiny after a federal judge in California handed a legal victory last week to the Consumer Financial Protection Bureau.

Glen Burnie Bancorp in Glen Burnie, Md., has decided it can do without a chief operating officer.

Old National Bancorp's more than 2,900 employees are treated to a variety of benefits, including financial help during personal emergencies. These benefits are seen as necessary steps to keep employees happy and reduce turnover.

Alliance Data Systems in Plano, Texas, has reached an agreement to provide credit card programs for Williams-Sonoma, the high-end kitchenware retailer.

The settlement underscored how incentives and sales goals led employees to illegally open new accounts, transfer customer money to the accounts, and create PIN numbers and emails without customers' authorization, regulators said.

The Financial Accounting Standards Board's accounting rules for credit risk have good intentions, but a likely amplification of the ups and downs of the credit market was probably not one of them.

Severn Bancorp in Annapolis, Md., has redeemed the last shares tied to the Troubled Asset Relief Program.

Alliance Data Systems in Plano, Texas, has reached an agreement to provide credit card programs for Williams-Sonoma, the high-end kitchenware retailer.