Retail & Commercial

Officials with the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corp. and a Maine state regulator said they would look into more stringent disclosure requirements and other measures for payday loan-type products.

Univest Corp. of Pennsylvania in Souderton will start next year with a new chief executive.

New York Private Bank & Trust, the parent company of Emigrant Bank, has fully repaid its Troubled Asset Relief Program funds.

BNCCorp in Bismarck, N.D., has appointed an interim leader after Gregory Cleveland, the $798 million-asset company's chief executive, died Tuesday after a sudden illness. He was 65.

Carol Galante, the commissioner of the Federal Housing Administration, told lawmakers discussing broad reforms to the housing agency that more targeted action is needed in the short term to repair the FHA's reverse mortgage program.

Visa posted a fiscal third-quarter profit that beat analysts' estimates as global spending on credit and debit cards climbed.

The credit card company sees an opportunity to capture market share as the demand for refis slows and other lenders burdened by losses on bubble-era second mortgages scale back.

Gayle Manchin has been elected to serve on the board of MVB Financial, the Fairmont, W.Va., bank, it announced Monday. Her husband, Joe Manchin, was West Virginia governor from 2005 through 2010 and is now the state's junior U.S. senator.

Porter Bancorp in Louisville is poised to make John Taylor its chief executive after the sudden retirement of Maria Bouvette. The move could improve its changes of attracting new investors to recapitalize it.

Comerica, Huntington, M&T Bank, Northern Trust and Discover are among the next wave of holding companies set to join the 18 others now required to participate in annual exams that test banks' capital strength in times of stress.