The new U.S. consumer agency, which has yet to begin formal operations or write a rule, is already being squeezed between banks and advocacy groups over how to set up a complaint hotline.
Debt-settlement companies that offer to negotiate with creditors on behalf of consumers are switching tactics to skirt rules banning up-front fees by working with lawyers and charging retainers.
Bank of America Corp. should refrain from charging depositors more fees, Consumers Union said today.
When the late Robert Pritzker ran Marmon Group LLC, his family’s conglomerate, he gave the managers of its major units his phone number.
Deutsche Boerse AG will likely face an in-depth review by European Union antitrust regulators of its $9.53 billion bid for NYSE Euronext , a deal that would create the largest owner of equities and derivatives markets, lawyers said.
The biggest U.S. food-safety overhaul in more than 70 years won passage in the House of Representatives, clearing the way for President Barack Obama to sign the measure into law.
About 30 percent of U.S. consumers said they’d leave their banks over fees for using their debit cards, according to a survey by the Research Intelligence Group.