Retail & Commercial

The Treasury Department plans next week to auction preferred shares in five banks that received a combined $84 million from the Troubled Asset Relief Program.

Kentucky First Federal Bancorp said Friday that Tony Whitaker will step down as its CEO and as the president and CEO of its two thrifts.

We provide answers to frequently asked questions about what Treasury did, why it made its move — and what it means for the future of Fannie and Freddie.

The rumor mill is catching fire as Apple nears its next product launch. Changes to the iPhone, iPad and other systems could affect initiatives at many payments companies.

Spirit of Texas Bank SSB in College Station said Friday that it is buying the $77 million-asset Oasis Bank in Houston.

Mutual thrifts looking to convert to publicly traded companies run the risk of increased pressure from activist investors. While the conversion process alone makes it easier for dissidents to accumulate shares, some observers say mutuals are also suffering from lax enforcement of rules designed to protect them.

Plaintiffs charge that Fifth Third's deposit advance program skirts Ohio state lending law by charging a fee that really amounts to interest on the loan.

Two businessmen, including a former Wachovia banker, were sentenced to federal prison for a $3 million bank fraud Thursday.

Trulia Inc., an Internet startup focused on residential real estate, filed to raise $75 million in an initial public offering, aiming to capitalize on an improving U.S. housing market.

Sabal Financial, a Newport Beach, Calif., firm that invests in distressed assets, has acquired $69 million of loans from BB&T (BBT) of Winston-Salem, N.C.