Retail & Commercial

Supervalu Inc. said customers' payment-card details may have been stolen as the U.S. grocery chain with more than 3,300 stores became the latest to fall victim to hackers.

Doral Financial, the Puerto Rico bank that hasn't posted an annual profit for almost a decade, fell as much as 4.7% after disclosing it received a subpoena from the Securities and Exchange Commission.

U.S. foreclosure activity increased in July for the first time in four months as lenders scheduled more properties for auction, according to RealtyTrac, which compiles housing market data.

Beneficial Mutual Bancorp in Philadelphia, which dates back to 1853, is the latest old-school mutual thrift to announce plans for a second-step conversion to a fully public stockholder company.

C1 Financial, a $1.4 billion-asset company in St. Petersburg, Fla., raised $45 million today from its initial public offering.

Chicago Federal Home Loan Bank has received regulatory OK to start pilots for its jumbo and government loan conduits.

Clayton Deutsch has spent the last several years streamlining Boston Private's past acquisitions in an effort to improve the company's profitability. With most of the cuts in place, the company is now eyeing acquisitions like the one it announced last month for Banyan Partners, a Florida investment adviser.

Subprime auto originations have nearly doubled in recent years, which has led to warnings of a bubble. But the fears are overstated, especially for banks, which have made fewer loans to borrowers with the lowest credit scores, four New York Fed economists said.

While Fannie Mae should have a smooth transition to a new system, Freddie Mac might find the path more treacherous.

As banks flee the deposit advance business, startups are offering services that let consumers name their payday and collect what they have earned up to that point, regardless of the day of the week.