Retail & Commercial

As with housing, different bank markets across the country have crashed and recovered at different speeds. Measured by institutions with high Texas ratios, stress has tapered quickly in states like Washington and California, but remains elevated in Georgia, Illinois and Florida.

Home Depot told shareholders that interchange price controls would add "$35 million a year" to the bottom line. Why should consumers now believe the company has chosen not to keep these newfound gains for itself?

Private Bank of Buckhead in Atlanta has been given the green light to open its second branch.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

High fees and bad marketing of prepaid cards have made them unattractive to many potential customers, according to Stewart Stockdale, Western Union's head of global consumer services.

Residential Capital LLC rejected an offer from Berkshire Hathaway Inc. (BRK/A), the holding company run by billionaire Warren Buffett, to be the initial bidder in proposed auctions of ResCap’s most valuable assets.

West Virginia Attorney General Darrell McGraw's office is suing a Virginia title lender over its debt collection practices.

Standalone contactless payment cards may be headed for extinction in the U.S. The tap-and-pay card technology that began to emerge in the U.S. in 2005 never caught fire, as relatively few merchants adapted their payment terminals to accommodate it.

After seeing record growth in remittances last year, Wells Fargo (WFC) has doubled its remittance network payout locations in India through an agreement with HDFC Bank.

A Dallas-area investment group has applied to become a bank holding company so it could acquire a small bank outside of Austin.