Retail & Commercial

Green Dot reported a net loss in the fourth quarter as it spent money to diversify beyond its flagship prepaid card business.

Visa Inc., the world's largest payments network, posted fiscal first-quarter profit that beat analysts' estimates as card spending increased.

The Consumer Financial Protection Bureau plans to review loan modifications offered by private student lenders, a business that the agency has said victimized some borrowers with subprime-style debt.

WASHINGTON — The Treasury Department has exceeded its authority by keeping Fannie Mae and Freddie Mac in conservatorship so long and taking all their profits, two legislative experts said Thursday.

Federal regulators announced guidance Thursday that provides principles institutions should consider in setting policies and procedures for originating private student loans with graduated repayment terms.

Ally Financial faced tough questions Thursday about its strategy in the wake of the Detroit automaker's decision to use its own in-house financing arm for its entire subsidized lease business.

After a surprising fall swoon, demand for commercial loans bounced back in December. Lenders, meanwhile, are paying much more attention to how falling energy prices could impact loan portfolios.

State Bank Financial in Atlanta reported a decline quarterly profits as the accounting benefits related to its failed-bank purchases continued to wane.

Banks have made progress cutting their exposure to risky home equity lines of credit, ahead of a key 10-year threshold when billions of dollars of them will reset to higher monthly payments. But there are some prominent exceptions, especially among regional banks.

The ATM and bank technology provider Diebold has named two executives to lead its international finance and data security offices.