Retail & Commercial

A federal appeals court panel ruled Friday that the existing restrictions on debit card swipe fees should largely stand, turning back a challenge by retailers who argued that banks are still earning too much money from the fees.

Wells Fargo, a longtime laggard in the ultracompetitive credit card market, has been developing two new credit cards with partner American Express. Executive Brent Vallat also explains how a new bankwide rewards program could help its credit card growth.

Mt. Gox, the Tokyo-based digital currency exchange that filed for bankruptcy protection last month, said it had located about 200,000 of the 850,000 Bitcoins it said had gone missing.

But the analysis of housing markets in 410 counties found that only 8 percent are better off than they were eight years ago.

If government bureaucrats, acting without statutory authority, can coerce banks into denying services to firms engaged in lawful behavior that the government does not like, where does it stop?

The Detroit Water and Sewerage Department is mounting a campaign to shut off service to as many as 3,000 delinquent customers each week after reporting that more than half of the city's customers are 60 days-plus late on payments.

Seacoast Banking Corp. of Florida (SBCF) in Stuart has filed a shelf registration to issue up to $150 million in debt and securities.

Xenith Bankshares (XBKS) in Richmond, Va., has agreed to buy Colonial Virginia Bank in Gloucester, Va.

ACA International late Thursday said the Consumer Financial Protection Bureau’s report on debt collection complaints misses several key points.

Amazon.com was the virtual guest of honor this month at the Retail Banking 2014 conference. Top bank executives repeatedly cited the Internet giant's success at using data and technology to better serve — and profit from — customers.