A clear leader in this space has yet to emerge.
A Russian customer decides to rewrite a credit card contract, and now the company is complaining because it didn't read the fine print. Shoe, meet other foot.
The banking industry stands to lose a lot of money on the decision.
Strong Asian and European manufacturing reports boost global stocks, and US markets seem set to follow.
Stocks are higher, though the day's biggest event may be yet to come as the FOMC completes it latest meeting and prepares to release a rate decision statement.
Also in focus is the first reading of second quarter GDP as well as a slew of other economic data.
The rally shows its strength by shrugging off weakness in Japan and worries about next week's Fed meeting. Exxon, Chevron and Whole Foods report results.
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The company is scrambling to protect its equities arm, which could face declining volume and revenue as competitors close the gap.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Casual dining restaurant chains have jumped on the happy hour train with deals on drinks and snacks -- maybe enough for dinner.
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