Retail & Commercial

Regional lenders including Fifth Third Bancorp and BB&T Corp. are rooting for the Federal Reserve to let interest rates rise, a move that could help their results more than at some of the biggest Wall Street firms.

Carolina Bank Holdings in Greensboro, N.C., has bought back some of the preferred stock it issued through the Troubled Asset Relief Program.

JPMorgan Chase is easing mortgage lending standards in housing markets hard hit by the crash where prices are surging.

A sharp rise in interest rates could cause customers to cash in CDs they have purchased only 30 to 60 days prior. It should not be easily cost effective to cash any CD prior to maturity.

Patrick Pinto, a former vice president at Oxford Collection Agency, was sentenced Tuesday in federal court to two years of probation for bribing an executive at U.S. Bank. Pinto also must pay a $10,000 fine and perform 100 hours of community service.

ROCKVILLE, Md. – The National Institutes of Health FCU has hired a real estate consultant, Scheer Partners, to find it a 20,000-square-foot property near the area’s biotechnical hub for a new headquarters.

Richard Carrión's loss is Popular's gain. He would have stepped down as CEO of the Puerto Rico bank had he won the presidency of the International Olympic Committee, but he lost to Germany's Thomas Bach.

WASHINGTON — Senate Banking Committee Chairman Tim Johnson, D-S.D., and Elizabeth Warren, D-Mass., are urging the Federal Housing Administration to change an employment eligibility requirement for borrowers looking to modify their mortgages.

Zions Bancorp. (ZION) in Salt Lake City plans to auction up to $250 million of debt through its online broker-dealer subsidiary.

Atlantic Coast Financial (ACFC) in Jacksonville, Fla., has picked a veteran of Fifth Third Bancorp (FITB) and the former Wachovia to be its new chief executive.