Morning roundup: Swipe fee caps hurting retailers?

Here's what's happening this morning in banking and finance news:

• Caps on the "swipe fees" merchants pay banks when customers pay with their debit cards - the government regulation that prompted banks to implement controversial debit card fees are hurting some merchants instead of helping them, the Wall Street Journal reports.

• Those fee caps are also killing bank profits, according to Forbes.
  

• The European crisis is about more than debt, a Bloomberg column explains.

• Is the job market improving? Reuters reports new claims for unemployment benefits have fallen to a nine-month low.

• Shareholders might have to wait even longer for Bank of America and Citigroup to boost their dividends, according to MarketWatch.