Retail & Commercial

American National Bankshares in Danville, Va., is getting a new chief executive. The $1.3 billion-asset company said Tuesday that Jeffrey Haley will succeed Charles Majors as CEO on Jan. 1.

Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. bid to address community bank troubles. But they're also already asking what comes next.

Wells Fargo will offer almost $60 million in cash rebates to more than 3,900 minority borrowers who were put into nonprime loans when they were eligible for prime ones.

U.S. Bank Wealth Management said Wednesday it has hired Terry Sandven as its chief equity strategist, a the newly created post.

Fulton Financial has agreed to sell a payments business to a Canadian payments processor and foreign exchange services provider.

The Treasury Department said that 218 banks remain in the Trouble Asset Relief Program's Capital Purchase Program, and that it expects to sell its stakes in roughly 144 banks in 2013.

2012 brought plenty of news that bankers -- and sometimes their regulators — would be happy to forget. Here's a rundown of a year in tarnished reputations and fines.

Someone has paid tens of thousands of dollars for a piece of financial history that has borne billions of swipes and trillions in transactions.

Massive regulation provides a deep moat protecting large financial institutions against competition from community banks and innovators.

UBS AG must pay about $1.5 billio) to U.S., U.K. and Swiss regulators for trying to rig global interest rates, triple the penalties levied against Barclays Plc.