Taxpayers who claim deductions for home mortgage interest, gifts to charity and state and local taxes will now have to wait until mid- to late February to file their 2010 returns.

Build America Bonds from California, the biggest issuer of the taxable debt in 2010, outperformed the market in the past six weeks as the state's 7.25% yield lured investors unfazed by the lowest state credit rating.

DWS Investments, the mutual fund family owned by Deutsche Bank AG that is the successor to two storied U.S. fund firms, has had a turbulent history. But its executives say the business, built with acquisitions including the former Scudder Kemper Investments, is on course to notch its first year of positive net flows in several years. A big reason, the executives say, is an expansion and upgrade of its intermediary distribution force.

Readers react to a new housing finance reform plan, weigh systemic risks posed by fintechs, debate the potential return of the Glass-Steagall Act and more.

The Federal Housing Finance Agency issued a proposal Wednesday that would require mortgage giants Fannie Mae and Freddie Mac to align their policies on cash flows for current mortgage-backed securities, and eventually for a uniform security when it is implemented next year.

The nation's largest bank said Wednesday it is seeking proposals on ways to address economic inequality in local neighborhoods across the country.

Federal Reserve Vice Chair Randal Quarles has made it clear that banks failing to make the transition away from the benchmark rate could face supervisory consequences.

The next step for retailers is to bring consumers the benefits and experience of being in store, from the comfort of their home, says FIS' Dan Brames.

The concept amplifies spending visibility from the center of the business way out to its edges, creating more transparency.