Retail & Commercial

M&T Bank's (MTB) long-delayed purchase of Hudson City Bancorp (HCBK) could be held up until the end of 2014.

Reforms of recent years appear to be working and the Federal Housing Administration’s worst financial days appear to be behind it. Time for the agency to return to its mission.

Chinese central bank officials told third-party payment service providers to stop offering clearing services to online Bitcoin exchanges, according to China Business News, which is affiliated with the Shanghai government.

Next year will be mixed bag for automobile lenders, with both delinquency rates and loan balances expected to rise, according to a forecast released Monday by the credit bureau TransUnion.

A new report from the American Bankers Association finds that today's card holders have significantly higher credit scores than card holders had several years ago and are substantially more likely to pay off their full balances each month.

Actions jointly announced against California-based CashCall signal the Consumer Financial Protection Bureau's intent to target online lending based on claims originating in states.

The docket at the U.S Second Circuit Court of Appeals quickly attracted appeals to Judge John Gleeson's Dec. 13 ruling to approve the class-action swipe-fee settlement on an antitrust case that has lingered in his court for nearly nine years.

Early in the year Hanmi Financial in Los Angeles was poised to put itself up for sale. But its deal to buy a Texas bank with operations in six states could rearm Hanmi in its fight with BBCN Bancorp and Wilshire Bancorp to be the top Korean-American bank.

The Federal Housing Finance Agency is requesting public comment on a plan to gradually reduce the maximum size of loans that Fannie Mae and Freddie Mac can purchase from mortgage lenders.

Nearly one in four Federal Housing Administration loans would go belly up in the next five years if another recession hit the U.S., a new study has found.