Retail & Commercial

The management team of R3 CEV thinks blockchain is going to revolutionize the financial services industry.

Premara Financial in Charlotte, N.C., has raised $8.5 million in a stock offering and plans to exit the Small Business Lending Fund program.

JPMorgan Chase plans a venture with a peer-to-peer lender to small businesses, Chief Executive Officer Jamie Dimon said.

A report from The Commonwealth Fund indicates consumers are reporting problems affording healthcare as a result of high premiums while the perception of the difficulty also influences care decisions.

Achieva Credit Union in Dunedin, Fla., has received regulatory approval to buy Calusa Bank in Punta Gorda, Fla.

Kal Raman has resigned as president and chief executive of Xome, the digital platform of the nonbank mortgage servicer Nationstar Mortgage Holdings.

It sounded like a sales pitch from the bubble years - "Subprime: The New Normal." But an account executive at the Atlanta mortgage lender Angel Oak Home Loans sought to draw a clear distinction between subprime products pitched today and the infamous stated-income loans of yore.

Bank of Montreal said fiscal fourth-quarter profit rose 13%, led by capital markets and U.S. banking. The lender raised its dividend 2.4% to 84 Canadian cents a share.

Wells Fargo and Morgan Stanley became the latest big banks Monday to promise to cut their support for the coal industry in the name of reducing the pollution blamed for global warming.

M&A has taken off in 2015, especially in five states that account for more than a fifth of all activity. Here are the states with the most sellers, based on data compiled by KBW through Nov. 30.