Retail & Commercial

The Senate Banking Committee had tough questions for Shaun Donovan, on the heels of a disappointing report on the mortgage insurer's financial health last month.

The Senate is preparing to vote soon on a bill to keep TAG alive even as various interests, including large institutions and money-market mutual funds, fight to shut the program down.

Capitol Bancorp had to postpone a bankruptcy hearing because, it says, the Federal Deposit Insurance Corp. repeatedly blocked it from paying the due-diligence costs of its new investors.

Capital One has grown its commercial and industrial loans by double digits over the past year, but CEO Richard Fairbank is prepared to pull back if the battle for business clients becomes any more intense.

At the end of the third quarter, banks with less than $20 billion in assets had nearly $1 trillion in securities and cash on hand. The shift from loans to securities could pose problems if interest rates rise.

HSBC (HBC) may be about to pay $1.8 billion to settle charges the bank served as a gateway for money laundering.

Financial institutions should, among other things, implement an information governance program, perform periodic privacy audits and learn how data is managed in the cloud.

Two fans will be headed to the Super Bowl in New Orleans thanks to EverBank Financial, whose CEO, Robert Clements, is a Big Easy native who loves football.

SunTrust Banks in Atlanta is the latest bank to adopt a simplified disclosure notice on its retail checking accounts.

If prepaid card providers want to be taken seriously, please, please, please ditch your celebrity partners.