Retail & Commercial

Consultants and others offer these tips on avoiding being duped by fraudulent advisors.

Iberiabank is among a handful of serial buyers of banks shuttering branches and taking other steps to lower expenses and raise earnings.

The National Grocers Association has joined other retailers including Wal-Mart (WMT) and Target (TGT) in voicing opposition to a recent agreement between merchants, Visa (NYSE:V) and MasterCard (MA) and a number of large banks over credit card swipe fees.

Valley National Bancorp's (VLY) second-quarter earnings slipped as the Wayne, N.J., company saw its expenses rise and recorded a higher provision for credit losses.

Capital One will pay $12 million to military customers it overcharged for loans, as part of a settlement with the Justice Dept. and the OCC.

Bank of America Merrill Lynch has expanded the global reach of its payment cards while also preparing to provide new technology to clients in the Single Euro Payments Area who will soon deal with far more cross-border payments.

The Federal Deposit Insurance Corp. urged bank CEOs to watch out for middlemen seeking upfront fees to connect them with capital because, it says, many are frauds. The alert should have come sooner, some industry officials say.

The revolving door continues to spin at prepaid company Green Dot (GDOT) following two more high-profile exits.

The Baltimore bank has taken some giant steps forward over the last two quarters but it still needs a capital injection to complete its turnaround.

More travel, culinary and entertainment offers for cardholders will become available through MasterCard Priceless Cities under a deal between MasterCard and Gilt City.