Retail & Commercial

PITTSFIELD, Mass. – Greylock FCU, the biggest credit union in the Berkshires, has signed a long-term lease for 18,000 square feet in the ToyWorks building, former factory for KB Toys.

The much-talked-about mobile financial services start-up Movenbank has finished its initial round of fundraising.

Anchor BanCorp Wisconsin (ABCW) in Madison narrowed its quarterly loss as its credit trends continued to improve.

Stories about buyout groups dissolving and heavy-handed regulation make private equity sound like the dog that never barked in banking. But such firms have notched hundreds of deals since the crisis, and the rollup machines they've created are poised to keep going.

Consumer advocates and financial services industry officials clashed Thursday over whether banks and insurers are getting paid fairly in the force-placed insurance market.

American Express will put its reloadable prepaid card on Walgreen Co. shelves by the end of the week.

Capital One said it's "reasonably possible" that losses to buy back soured mortgages may exceed reserves by $1.7 billion, a 13% increase over the first-quarter estimate of $1.5 billion.

American Express will offer its reloadable prepaid cards on Walgreens shelves by the end of the week.

The Federal Reserve Board has terminated a written agreement with Coastal Financial that required the Everett, Wash., company to improve asset quality and risk management.

Google has changed the rules about how issuers get into its mobile wallet, and American Express is the first to vocally and vehemently oppose Google's new setup. The outcome of this dispute could decide who controls transaction data in mobile payments.