Retail & Commercial

Listen to any bank earnings call these days and odds are that, at some point, executives will discuss how they are addressing the persistent lack of revenue growth by simultaneously cutting expenses and investing in new business lines.

Supporters of a $13.5 million deal involving former New York inmates hope to show that it's possible to earn money while also addressing social ills.

WASHINGTON -- The legal battle over the application of the Volcker Rule is unlikely to be resolved until mid-January.

Northwest Bancorp (NBCT) in Spokane, Wash., has completed its redemption of preferred stock it issued to the Treasury Department under the Troubled Asset Relief Program.

Webster Financial (WBS) in Waterbury, Conn., has hired an executive to lead its health savings account operation.

American consumers turned more confident in December as hiring picked up, brightening the outlook for spending heading into 2014.

Private equity, new regulatory costs and declining benefits from failed-bank deals are some of the big factors that will determine who buys and sells in the coming year.

Target Corp. (TGT), less than two weeks after disclosing a security breach of its credit- and debit-card system, said some customers have been unable to use its gift cards because they weren't fully activated.

Maryland lawmakers are planning to discuss a bill that would cut the time collectors have to take homeowners to court for the leftover debt on foreclosed homes.

The “ability-to-repay” regime eviscerates fundamental principles of a mortgage “market.” It will not guarantee against a housing bubble and crash. It will constrain the availability of credit and increase home financing costs.