Retail & Commercial

Charter Financial in West Point, Ga., plans to sell additional stock and convert to a full public company from a mutual.

Bankers who take government bail-outs to stay afloat should be paid no more than the civil servants who saved their business, said Nassim Nicholas Taleb, author of "The Black Swan."

The tentative approval of Visa and MasterCard’s proposed $7.25 billion settlement of a merchant fee price-fixing case will be challenged in a federal appeals court, according to a notice filed by objecting plaintiffs in Brooklyn, New York.

The Consumer Financial Protection Bureau says it will propose changes to the remittance rule to ease burdens on community banks. It is also delaying its implementation by an additional 90 days.

Senate Majority Leader Harry Reid has sponsored a stand-alone bill to give the Transaction Account Guarantee program another two years, but its passage is not a slam dunk.

A report issued Tuesday by CardHub.com says that the Fed set an "embarrassingly low bar" for issuer disclosures.

These banks have outperformed industry averages for years and continued to do so in 2012, avoiding the exceptional losses that often follow exceptional returns.

Most homebuyers do not obtain multiple offers or even compare interest rates when buying a home, according to new study released by Fannie Mae.

U.S. Bank in Minneapolis would gain an in-house prepaid card processor and tap a rich corporate payroll segment in buying FSV Payment Systems.