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Wal-Mart and Target have vocally opposed the card networks' proposed multi-billion dollar interchange fee settlement, but even these giants may not have the influence to spike the agreement.
July 24 -
Banks including JPMorgan Chase & Co. and Citigroup Inc., sued for $2 billion by Thornburg Mortgage Inc. for allegedly helping it fail, lost a bid to move the case from bankruptcy court to district court as a Maryland judge said almost all the issues could be decided in bankruptcy court.
July 24 -
You should be able to move your money as fast as you can make it. But the banking system today works about as speedily as the Post Office.
July 24
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JPMorgan Chase agreed to pay $100 million to settle credit-card holder claims that the bank increased their required minimum payments after promising a fixed interest rate.
July 24 -
Home values posted their first year- over-year increase since 2007 in the second quarter as the property market began to lift off a bottom, Zillow Inc. said.
July 24 -
Banking analyst Richard Bove says Wells Fargo has been treating him terribly as a retail customer. He suspects that's an excellent business move.
July 24 -
The next six months are critical to the bank if it is to exit Tarp and stay independent, says Kessel Stelling, the Columbus, Ga., company’s chairman and CEO.
July 24 -
JPMorgan Chase (JPM) agreed to pay $100 million to settle credit-card holder claims that the bank increased their required minimum payments after promising a fixed interest rate.
July 24 -
FirstMerit (FMER) in Akron, Ohio, trumped higher noninterest costs with more lending for a slight gain in quarterly profits.
July 24 -
Bank of America (BAC) has hired more than 30 bankers in the greater Chicago area as part of a broader plan to beef up its services for small-business owners.
July 24

