Retail & Commercial

Visa, MasterCard and the largest banks have announced a proposed multi-billion dollar settlement with U.S. retailers in a longstanding lawsuit over swipe fees charged by the networks.

Regulators late Friday seized the $24.8 million-asset Glasgow Savings Bank in Glasgow, Mo.

Uncertainty about the global economy, health care and taxes threaten to take already anemic loan growth off of life support.

Now it's time for Wells Fargo to slash its Realtor joint ventures that engage in mortgage banking activities.

AB editors discuss everything from eminent domain mortgage seizures and the CFPB's first year to earnings and the risk that banks are stretching for earnings.

After Wells Fargo reported record second-quarter profit on Friday, CFO Timothy Sloan explained why the bank is optimistic about mortgages, M&A and expenses.

The San Francisco company has the cash and willingness to buy more assets from U.S. and European financial institutions, management said during a conference call Friday.

Regions Financial Corp. has unveiled a new line of Visa credit cards following the purchase of its card portfolio from Bank of America Corp.’s FIA Card Services unit last summer.

Merscorp Holdings will provide the state of Delaware's Department of Justice Consumer Protection Unit a semi-annual report detailing results of its internal audits.

Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.