Retail & Commercial

Capital One knows how to integrate big bank purchases. But in the era of the Consumer Financial Protection Bureau, it’s facing new challenges as it swallows ING Direct and HSBC’s credit cards.

Many in the industry are starting to catch on to the concept that payments, while a critical foundation for mobile wallets, are taking a back seat to the sexier consumer-facing digital coupons, loyalty programs or targeted promotions through a mobile phone.

PHILADELPHIA – Sb1 FCU, the one-time SmithKline Laboratories credit union that recently converted to a community charter, opened a new branch in the Philadelphia Navy Yard.

Four senior Republicans are criticizing the Commodity Futures Trading Commission's judgment and use of resources after a federal court struck down its controversial "position limits" rule.

The parent of $13 billion-asset PrivateBank said Wednesday it has begun a public offering of roughly $75 million of its common stock and announced plans to hold a separate public offering of $125 million in subordinated debt.

BankUnited (BKU) is gearing up for branch openings in New York despite being barred by a settlement with Capital One Financial from opening the branches until next year.

Jamie Dimon sounded off Wednesday on two big scandals dogging his bank this year, expressing regret and frustration over the "London Whale" trading losses and a new government lawsuit against JPMorgan Chase.

Even without added regulatory pressure, Capital One has a lot to juggle as it integrates ING Direct and a big HSBC credit card portfolio. Industry members weigh in on what it should watch for.

Capital One knows how to integrate big bank purchases. But in the era of the Consumer Financial Protection Bureau, it's facing new challenges as it swallows ING Direct and HSBC's credit cards.

After months of operating without any major snags, the Consumer Financial Protection Bureau said Wednesday the current version of its consumer complaint database is here to stay.