Retail & Commercial

Persistent challenges such as margin compression and rising expenses will eventually force more banks to sell.

The inspector general monitoring Tarp says that, despite its previous warnings, the Treasury Department has failed to improve its policies and procedures to ensure that its own guidelines on executive pay are met.

Jan. 27 marked the first day merchants nationwide could hit consumers with a checkout fee for using a credit card. Nothing has changed overnight, but some merchants are likely to test the waters sooner than others.

Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties.

Reopening the mortgage securitization pipeline is a vital step toward a housing market recovery that will boost the wider economy, Comptroller of the Currency Thomas Curry said today in a Las Vegas speech.

Wells Fargo (WFC) changed its compensation for some mortgage salespeople to include a reward for submitting complete loan applications to processors and underwriters within five days.

Investar would acquire a bank with two branches in southeastern Louisiana.

Yes, an effective sales organization awakens customers to newly perceived needs. But it also markets the products that yield the highest return—not necessarily the ones customers would most want to buy.

KeyCorp (KEY) announced plans to offer new consumer, business and commercial credit cards this year.

KeyBank, a unit of KeyCorp, announced plans to offer new consumer, business and commercial credit cards this year. The cards will all operate on MasterCard's network, extending a 15-year partnership that also covered debit and ATM.