Retail & Commercial

Broadway Financial in Los Angeles plans to raise nearly $10 million through a private placement.

Mitch Feiger, CEO of MB Financial, along with Mark Hoppe, former Taylor CEO, reflect on the merger, the regulatory environment and keeping key people happy in the highly competitive Chicago market.

Nonagency mortgage securitization has fallen well short of forecasts this year, as commercial banks bid up for loans to put on their balance sheets. But the fourth quarter could offer this moribund market a chance at redemption.

Doral Financial Corp. (DRL), the holding company for Puerto Rico's No. 2 mortgage lender, may soon find out whether a San Juan judge agrees it's owed a $229.9 million tax refund the government has refused to pay.

Two companies allegedly violated the FTC Act and grossed more than $11 million through a diploma mill scheme, according to a complaint.

Collection company USCB Inc. agreed to pay $2.75 million to settle a Telephone Consumer Protection Act class action lawsuit.

The Pittsfield, Mass., bank was honored for a television commercial that features the voice of Connecticut women's basketball coach Geno Auriemma.

People's United Financial in Bridgeport, Conn., has successfully recruited a former executive at JPMorgan Chase to join its board.

Comerica Bank and San Diego County Credit Union have battled in recent years to claim the Guinness World Record for "Most Paper Collected in 24 hours."

Capital One Financial Corp. and MasterCard Inc. struck a deal with Costco Wholesale Corp. in Canada to issue a co-branded credit card when the retailer's contract with American Express Co. ends this year.