Retail & Commercial

Large numbers of yield-hungry banks have gorged on municipal bonds, and the industry’s overall holdings of the paper have edged up.

Experian has taken a quarterly report of consumer credit data, one that used to be printed and came to hundreds of pages of text and charts, and turned it into a web-based searchable database.

If things are truly bigger in Texas, then mPowa CEO Dan Wagner figures it's a good place for merchants to be able to accept credit card payments via mobile devices in those wide, open spaces.

Treasury Secretary Timothy F. Geithner plans to leave the administration at the end of January, even if President Barack Obama and congressional Republicans haven't reached an agreement to raise the debt ceiling, according to two people familiar with the matter.

FNB United in Asheboro, N.C., will introduce a new brand for its CommunityOne Bank next month as part of its integration of Bank of Granite.

Borrowers whose loans back commercial mortgage securities are continuing to repay more of their loans on time.

TD Bank (TD) is about to remind residents of Manhattan's East Village neighborhood they no longer live in a capital of cool. The $822 billion-asset bank has leased 4,300 square feet of ground-floor space in a building being built on the site of the former Mars Bar

Securitization is essentially a financial production factory. Consistency in the manufacturing process, which minimizes defects and hence promotes investor interest in the product, would allow the business to prosper again.

Exorbitant costs, excessive complexity torpedo review program. But a proposed $10 billion settlement faces problems of its own.

Consumers continued to pay off their credit cards at historically high rates in the third quarter, with the delinquency rate hitting an 18-year low, according to the American Bankers Association.