Retail & Commercial

DECA Financial Services, an Indiana consumer debt collection firm previously lauded by Inc. magazine as one of the fastest-growing U.S. companies, is now facing serious debt problems of its own.

Former Federal Reserve Vice Chairman Alan Blinder took shots at credit rating agencies and Wall Street traders this week in a public lecture at the Museum of American Finance.

Total outstanding balances of bank and retail-issued cards and home finance increased in January for the third consecutive month, the first time that has happened in more than three years, according to the latest Equifax National Consumer Credit Trends Report.

The Community Home Lenders Association is pointing to President Obama's recently released budget as proof that the Federal Housing Administration has leeway to lower premiums.

Cece Stewart, who spent three years trying to turn around Citi's U.S. retail banking operations, is retiring. In an interview, she cited account growth, productivity improvements and cross-selling of credit cards as accomplishments that offset "enormous headwinds."

Bank of America (BAC) has introduced a new checking account targeted at customers who typically maintain low balances.

The majority of Americans who will be receiving a tax refund in 2014 will spend the funds, not save them, according to a new survey released by Capital One Financial (COF).

Scott Tomlinson at Flint Community Bank used a meeting with the agency's deputy director to speak his mind on the shortcomings of mortgage regulation.

The Federal Deposit Insurance Corp. is suing four former officers and directors of a failed Baltimore bank for more than $7.4 million in damages.

Bitcoin's mysterious inventor, Satoshi Nakamoto, has apparently been discovered by Newsweek reporter, Leah McGrath Goodwin. And I'm torn.