Retail & Commercial

The official in charge of monitoring JPMorgan Chase's $13 billion settlement with bank regulators released his initial progress report this week.

Texas authorities have ordered 14 merchants in the state to stop imposing surcharges on debit card purchases.

Umpqua Holdings' second-quarter profit surpassed Wall Street expectations, which exclude costs tied to the Portland, Ore., company’s purchase of Sterling Financial.

United Financial Bancorp in Glastonbury, Conn., reported a second-quarter loss largely tied to the costs of merging with Rockville Financial.

HomeStreet in Seattle has added more banking experience to its board. The $3 billion-asset company recruited Timothy Chrisman, a former chairman of the Banc of California, to serve as a director.

The chief executive of Univest Bank and Trust in Souderton, Pa., is retiring after 43 years with the company.

Citizens Financial Group in Providence, R.I., has expanded its health care practice banking group to three additional states.

Quarterly profits plunged at Hudson City Bancorp in Paramus, N.J., last quarter as it awaits regulatory approval to be sold to M&T Bank.

First Commonwealth's quarterly profit more than doubled, largely because of significant improvement in credit quality.

CEO Joe Ficalora says the thrift has ways it can buy time to announce a transformative acquisition or benefit from a change in the definition of what it requires to be a systemically important institution. With OneWest off the table, industry observers wonder if the thrift can find the deal it’s been looking for.