Retail & Commercial

Edward Grebow is making use of the $100 million in private equity that the New York bank received last year, tackling bad loans and expanding into prepaid cards and residential mortgages.

A U.S. district court granted a Federal Trade Commission request and has temporarily shut down a Florida-based operation that allegedly kept pitching bogus credit-repair services nationwide, despite a 2010 court order requiring it to stop.

Debate is heating up on the question of whether a nonworking spouse who relies on "household income" can qualify for a credit card account.

Central Federal (CFBK) has restructured a planned capital raise and reached a deal with the Treasury Department that would help it exit the Troubled Asset Relief Program.

More banks and business owners would tap the U.S. Small Business Administration's loan guarantee programs if the SBA would streamline the application process, M&T Bank (MTB) Chairman and Chief Executive Robert Wilmers said Thursday.

Bharat Masrani is betting on branches at a time when many others are questioning their value. He explains why an aggressive U.S. expansion strategy — by acquisition and internal growth — makes sense for the Canadian-owned TD Bank.

Pennsylvania's banking regulator has freed Metro Bank in Harrisburg, Pa., from a two-year-old enforcement order resulting from violations to the Bank Secrecy Act.

Discover Financial gets in on the "look-at-me" act of reality television with blatant product placement on the "Food Network Star" show.

Everyone is talking about “Big Data” and the opportunities it presents for the financial industry. The movement in the industry suggests that to make better credit decisions, you must use a lot more data.

Federal prosecutors Wednesday accused Washington D.C. Council chairman Kwame R. Brown with mortgage fraud, saying he lied on his home mortgage application as part of a scheme to buy a $50,000 power boat.