Retail & Commercial

The Consumer Financial Protection Bureau needs to improve the efficiency of its program for direct supervision of banks and non-banks, the inspector general at the Federal Reserve, which audits CFPB activities, said.

Tax provision would help distressed homeowners seeking workouts and short sales from being penalized by the IRS.

Wells Fargo (WFC) has reached a deal to issue private-label and co-branded credit cards with the department store chain Dillard's (DDS).

The Federal Home Loan Bank of Atlanta has appointed Bank of Georgetown Chairman Michael Fitzgerald to its board of directors.

Coconut Grove Bank in Miami has appointed Donald Putnam chief lending officer.

This "product" is weakened in the customers' mind when interacting with a living, breathing banker inevitably involves fending off sales pitches.

Charlie Shrem, a prominent evangelist for Bitcoin who is charged by the U.S. with conspiring to launder more than $1 million in the virtual currency tied to the illicit online bazaar Silk Road, is in plea talks, prosecutors said.

Consumer complaint volume nearly doubled from 91,000 in 2012 to 163,700 in 2013, according to the Consumer Financial Protection Board's Consumer Response Annual Report.

NewBridge Bancorp (NBBC) in Greensboro, N.C., has completed its redemption of preferred stock tied to the Troubled Asset Relief Program.

The property tax delinquency rate for Detroit landlords receiving Section 8 payments is 26%, and they collectively owe the city at least $5 million.