Retail & Commercial

Bitcoin exchange Coinbase will offer instant purchases for users that supply identity information, with others having to wait four days for transactions to complete.

Great Southern Bancorp in Springfield, Mo., is closing 11 branches in a bid to cut costs.

Profits rose at Webster Financial in Waterbury, Conn., on strong fee income and cost controls.

Wells Fargo (WFC), the largest U.S. home lender, said second-quarter profit climbed 19 percent as the company clamped down on expenses.

JPMorgan Chase (JPM), the largest U.S. bank by assets, reported a 31 percent increase in second- quarter profit that beat analysts' estimates as revenue from trading stocks and bonds climbed.

With the summer driving season in full swing, Shell Oil Products U.S. is attempting to boost the appeal of its branded payment cards.

ARVADA, Colo. – Sooper CU will break ground next week on a 4,000-square-foot branch here that will allow the credit union to remodel the existing branch to better serve as its corporate office.

RICHLAND, Wash. – Gesa Credit Union has begun construction on two branches, one to replace an existing facility in Pasco, the other a new service center in Richland.

Taylor Capital Group (TAYC) in Chicago plans to retire one-quarter of its Troubled Asset Relief Program stock that the Treasury Department auctioned to private investors last June.

Senate Majority Leader Harry Reid is weighing whether to change Senate filibuster rules if Republicans do not allow a vote on the nominations of Richard Cordray to the CFPB and six other Obama administration appointees.