Retail & Commercial

Dealmakers have been pushing bankruptcy recapitalizations for a few years. The time may now be ripe with credit quality improving while debt loads linger.

WASHINGTON — The Federal Deposit Insurance Corp. next Tuesday will release its latest quarterly update on earnings, loan growth and other indicators for the entire banking industry.

Visa is offering a new data encryption service that could compete with third-party security vendors' offerings. The service's launch also indicates the card brand's growing desire to push beyond the requirements of the Payment Card Industry data security standards.

Large banks control the lion's share of the industry's total outstanding loans, but smaller banks are adding loans at a faster clip, according to a new report from Keefe, Bruyette & Woods.

The Federal Housing Finance Agency took another step to alleviate burden on borrowers struggling with their mortgage payments.

Private crop insurers, a group led by Wells Fargo and Ace Ltd., may face losses that exceed $5 billion if this year's U.S. drought is worse than one in 1988, Standard & Poor's said.

Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that they need financial behemoths to operate globally.

First Midwest Bank in Itasca, Ill., has expanded its ATM network by joining the Allpoint Network.

Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that financial behemoths should be held together for their sake.

Big businesses' mixed feelings about their large bank partners are especially obvious when the conversation turns to proposed reforms of money-market funds, which corporate treasurers say could increase the power of "too big to fail" banks.