Retail & Commercial

Federal lawmakers are calling on the Consumer Financial Protection Bureau and the Department of Defense to investigate a report that some retailers have filed debt collection lawsuits against active duty military.

An email spammer and his company have settled federal charges that they sent deceptive emails in advance of the Affordable Care Act roll-out, claiming consumers would be violating the law if they did not click a link to enroll in health insurance.

Diebold, best known as an ATM manufacturer, is rebranding itself to banks to stay relevant in a digital age.

Even if it pushes the bank past the October 2015 deadline for EMV-chip card adoption, BMO plans to stick with its magnetic-stripe cards until each one reaches its natural expiration date.

Customers Bank in Wyomissing, Pa., has announced three new appointments to executive positions, including one to the newly created role of Small Business Administration national director.

Citizens Financial Group in Providence, R.I., is expanding its commercial banking operations to lend to more midsize companies in more parts of the country.

Investment banker Jason R. Hach has joined Sandler O’Neill following four years at its archrival Keefe, Bruyette & Woods.

PHH is appealing one of the largest judgments ever awarded in a mortgage case. The dispute encapsulates many of the problems that have plagued the servicing industry in recent years.

Freedom Mortgage in Mount Laurel, N.J., has agreed to pay $104,000 to settle claims that it discriminated against loan applicants with disabilities.

Banks are changing their approach to hiring for technology. They want people with tech experience in their executive suites and boardrooms. They also want their chief technology officers to bring a broader perspective.