Retail & Commercial

International Bitcoin businesses have been sizing up the African market for some time, but they face massive regulatory hurdles throughout much of the continent.

Details in recent legislation unveiled by Sens. Tim Johnson and Mike Crapo are stoking fresh concerns among Fannie Mae and Freddie Mac shareholders now embroiled in lawsuits over their share of profits from the mortgage giants.

Westfield Bancorp in Westfield Center, Ohio, has agreed to buy Valley Savings Bank in Cuyahoga Falls, Ohio. The deal will give Westfield two additional branches and boost its assets to nearly $1 billion.

The organization that runs the automated clearing house network wants to phase in same-day payments in three stages, but backers of a speedier system say the plan -- the second such effort in two years -- still is not enough.

The number of graduates who default on private student loans will continue to decline in 2014, according to a new report from Moody's.

Collectors and compliance officers are listed among the top jobs to have in business in U.S. News and World Report's 2014 list of the 100 Best Jobs in America.

There is a lot of work to be done behind the scenes before Citizens can become independent of Royal Bank of Scotland, including the establishment of new technological, administrative and financial reporting systems, CEO Bruce Van Saun says.

Community banks are revamping branches and offering new services in an effort to become trusted advisers to small businesses. Such a transformation is often easier said than done.

A former Bank of America (BAC) employee in Massachusetts has been sentenced to three to five years in state prison for stealing more than $2 million from her clients.

The organization that runs the automated clearing house network wants to phase in same-day payments in three stages. The move follows the defeat of a similar plan in 2012.