Retail & Commercial

WASHINGTON — Two officials at the Consumer Financial Protection Bureau have been named into key roles, the agency confirmed Tuesday.

Investors' demands that the country's biggest bank produce better earnings amid costlier regulations are prompting fresh cries to break up JPMorgan Chase.

The prepaid card issuer Green Dot has promoted Kuan Archer to become its chief operating officer.

The White House announced Tuesday that it will nominate academic and former community banker Allan Landon to one of the two vacancies on the Federal Reserve Board.

U.S. bankruptcy filings totaled 910,090 in 2014, a 12% drop from the 1,032,572 filings in 2013, according to data from American Bankruptcy Institute, provided by Epiq Systems Inc.

Utah-based SecurityNational Mortgage Co. has agreed to a monetary settlement of a claim by Bank of America that it sold the Charlotte, N.C.-based lender defective mortgage loans.

The Colorado Attorney General's office reports that more than 165,000 state residents owed $56 million to payday lenders at the end of 2013 and the number of people taking out such loans is rising, according to an annual report.

Banks' post-crisis flight to caution has drawn comparisons to low-risk public utilities, but some institutions are seeing opportunities to take new risks again under the watch of new regulation.