Retail & Commercial

The SEC has charged three former executives of TierOne, a failed bank in Nebraska, with misleading investors about the extent of the bank's losses during the financial crisis.

The Federal Deposit Insurance Corp. announced a new system Tuesday for classifying violations of consumer-protection rules that the agency spots during exams.

The Federal Reserve Board has lifted a written agreement with Ames Community Bank in Iowa that required the company to improve its credit administration.

The official at the center of a controversial Monday Night Football call is a vice president at Bank of America.

The National Credit Union Administration filed a lawsuit against Barclays, alleging the bank's sale of faulty mortgage-backed securities to two corporate credit unions — U.S. Central and WesCorp — contributed to their 2009 collapse.

The National Fair Housing Alliance says Bank of America has failed to maintain foreclosed properties in minority neighborhoods. It lodged similar complaints against Wells Fargo and U.S. Bancorp earlier this year.

At least a dozen community banks have planned new headquarters in the past year, either by building offices or leasing new digs. Some of the banks outgrew older offices, while others took advantage of low interest rates and great pricing to make the move.

Dwight Utz wanted to accelerate his North Carolina company's growth by bringing in private equity. Less than year after ECB's plans fell through, the company agreed to sell to Crescent Financial, which has plenty of backing from private equity firms.

Scotiabank in Canada has started issuing cards on the American Express network, the companies said on Monday.

MasterCard may be bracing for slower revenue growth, but its head of international markets still sees cause for optimism abroad.