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Two companies have partnered to serve the rapidly expanding mobile personal finance and remittance markets in Africa and Asia.

WASHINGTON — Citigroup is facing $770 million in charges after two federal regulators said the megabank engaged in deceptive marketing and unfair billing practices related to its credit card add-on products.

Consumer credit default data through the end of June showed increases in first mortgage, second mortgage and composite default rates.

Fifth Third Bancorp in Cincinnati reported a decline in second-quarter profit, as the costs to close branches offset loan growth.

Checking balances or statements and viewing transactions are the most widely used features, a new study finds.

Citizens Financial Group in Providence, R.I., showed strong consumer loan growth in the second quarter but fell slightly short of analysts' quarterly estimates as its margins declined.

Citigroup is facing $770 million in charges after two federal regulators said the megabank engaged in deceptive marketing and unfair billing practices related to its credit card add-on products.

Citigroup is facing $770 million in charges after two federal regulators said the megabank engaged in deceptive marketing and unfair billing practices related to its credit card add-on products.

CenterState Banks in Davenport, Fla., has a new president and chief executive.

The White House announced Monday that it will nominate University of Michigan economics and public policy professor Kathryn Dominguez to fill the final open seat on the Federal Reserve Board.