Retail & Commercial

Delinquencies on U.S. automobile loans by banks increased in the fourth quarter of last year but remained low by historical standards, according to a new report.

Another digital wallet is coming to the U.S. — but it's taking the scenic route.

House Financial Services Chairman Jeb Hensarling continued criticism of the Dodd-Frank law and the CFPB during remarks at a credit union conference on Tuesday.

Cost consciousness appears to have an echo in the way banks are configuring their branch networks: the typical office holds more deposits than it used to.

JPMorgan Chase plans to launch Chase Merchant Services, a payments partnership with Visa, this year.

Bond Street Holdings has agreed to pay a premium of nearly 50% for the struggling Atlantic Coast, the companies announced Tuesday. Atlantic Coast announced it was exploring the possibility of a merger more than a year ago.

JPMorgan Chase & Co. (JPM), plans to reduce headcount by as much as 19,000 people in its mortgage and community banking businesses by the end of next year.

Foursquare is adding Visa and MasterCard to its special deals roster, enabling the social media company’s 30 million users to link their credit and debit cards to Foursquare to receive discounts at merchants, according to a report in Ad Age.

Fannie Mae and Freddie Mac have now become the gatekeepers for underwriting qualified mortgages. This guidance might be a safe harbor from litigation, but history indicates it may fail as a safe harbor from risky lending.

Market Rates Insight recently evaluated deposit pricing in the nation's five largest metropolitan markets. Here is a quick look at how competitive banks are for liquidity in the most populous U.S. cities.