Retail & Commercial

A uniform mortgage-backed-security product, more risk sharing and help for small banks are some of the housing-finance fixes that the Mortgage Bankers Association urges regulators to make now.

Strong investment-banking profits helped offset more lackluster commercial banking results, illustrating just how much big banks have to lose from lawmakers' latest attempts to rein in the largest banks.

The Consumer Financial Protection Bureau named a new chief operating officer and chief of staff, among other appointments, following a string of recent departures in its senior level suite.

Normally community banks avoid loan participations with nearby rivals, but a group of Delaware banks decided they had to do so to compete with big banks — and survive.

Capital One Financial (COF) said Monday that delinquencies in its U.S. credit card portfolio rose slightly in June following four straight months of improvements.

A bipartisan commission, in lieu of a director, would encourage internal deliberation and constrain the CFPB’s ability to make politically motivated or ill-informed decisions.

Commerzbank, Germany's second-biggest bank, agreed to sell its U.K. real estate lending unit to Wells Fargo and Lone Star Funds to comply with European Union state-aid rules following its bailout.

HSBC North America has begun a program to help companies participate in the U.S. export boom.

Barclays is in an awkward situation that will ring familiar to bankers in the U.S. The U.K. bank has been terminating relationships with money transmitters, including several that wire funds to Somalia, a ravaged country that relies heavily on remittances from immigrants in the West. The bank says it's uncomfortable with the risk and expense of serving these businesses in light of recent fines levied against big financial institutions for anti-money laundering lapses. But now it's being accused of starting a humanitarian crisis.

For the second consecutive month, lawsuits citing violations of three key collection laws fell, according to data from U.S. district courts.