Retail & Commercial

Green Dot (GDOT) has agreed to acquire the Wal-Mart-branded prepaid card business from GE Capital Retail Bank.

Fannie Mae and Freddie Mac shareholders sued the U.S., alleging that the 2008 takeover of the housing lending giants was illegal and cost investors billions of dollars.

C&F Financial (CFFI) has agreed to acquire Central Virginia Bankshares. Both are in the Richmond, Va., area.

A dubious story about double-charging in Marks & Spencer, the retail home of the British middle classes, is worth examining to make sure similar misconceptions don’t spread in the U.S.

Chirpify, which handles payments over social media, is launching a direct payment processing option, overcoming its reliance on PayPal’s service.

Consumers today are social media addicts, and Getonic is aiming to use their Facebook and Twitter habits to the advantage of online merchants.

The Treasury Department has begun auctioning more than $51 million of stock that it acquired through the Troubled Asset Relief Program.

The FHFA has yet to post to its website any public comments related to a proposed ban on commissions and reinsurance agreements in force-placed insurance. So we're posting some obtained from key voices in the industry and government.

The Federal Housing Finance Agency is considering reforms to force-placed insurance aimed at giving the public a better deal. So why isn't it letting the public in on its planning?

Bank investors may be softening their antipathy for long earn-back periods. When Union First Market Bankshares promised five years of dilution – but a big boost to earnings – from its deal for StellarOne, its stock declined only a little.