Retail & Commercial

Taxpayers should not be paying to increase homeownership or to boost home prices. With interest rates low, lenders can charge for risk and homeowners can pay for it.

Regulators released new details on how they will enforce restrictions on charter swaps by troubled banks.

U.S. Bancorp is beefing up its prepaid card business.

Huntington Bancshares (HBAN) has hired Peter Arendt, a veteran executive from Bank of Oklahoma, to lead a new agribusiness initiative.

Some banks are looking past the short-term economic challenges and betting on a small-business recovery. Here's how executives from Bank of America, PNC, U.S. Bancorp and others assessed the market at SourceMedia's recent Small-Business Banking conference.

Take care of your management team last, not the other way around. Vet new ideas through risk management and audit committees, not the marketing and sales department. Manage incentive compensation around risk-adjusted performance metrics.

Rich Rezek, director of global product management for Retail Decisions, talked with PaymentsSource about the complex world that data security has become in the ongoing conflict with organized crime and petty fraudsters.

The chief executive of Monarch Financial Holdings (MNRK) in Chesapeake, Va., has been elected to the Federal Reserve Bank of Richmond's board.

The president and chief executive of Bar Harbor Bankshares (BHB) in Maine will retire in June. Joseph M. Murphy has held those positions at the company and its Bar Harbor Bank & Trust unit since 2002.

EAST LANSING, Mich. –Michigan State University FCU has won the bidding among seven financial institutions to open a branch in the Sparrow Professional Building in Lansing.