Two years after completing its takeover of Merrill Lynch, Bank of America is refining its strategy to get banking products such as debt, liquidity and cash management to the clients of financial advisers.

Financial advisers who clearly disclose how they are paid say they are finding more credibility among crisis-tinged consumers.

American International Group Inc., the giant insurer selling assets to repay its federal bailout funds, reported its first profit in three quarters on gains from the divestitures.

Borrowers and financial institutions may be feeling the strain from reduced operations at the FHA and IRS, which has suspended the release of certain income documentation during the budget impasse.

The agencies are weighing a plan to reduce the scope of residential real estate transactions requiring an appraisal, but appraisers have warned that the proposal could have consequences.

Banks need to stake out a presence on platforms that have nothing to do with banking.

When big banks trim their branch networks, community banks operating in the same markets see a chance to pounce.

The Consumer Financial Protection Bureau's inquiry into buy into the installment products should make sure fintechs abide by the same underwriting requirements as banks in this growing market.

Consumers and their credit scores could be put at considerable risk unless regulators establish meaningful safeguards.