Retail & Commercial

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon, who got a 74 percent raise for his work in 2013, stands to reap a separate and bigger payday within months.

VantageSouth Bancshares (VSB) in Raleigh, N.C., and Yadkin Financial (YDKN) in Elkin, N.C., are merging.

CHARLOTTESVILLE, Va. -- Banks are reducing their number of branches to increase efficiency and boost sluggish revenue growth, according to a new report from SNL Financial.

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The $300 million-asset bank said in a press release Friday that Theodore Biagini, 73, had been chairman since its January 2007 opening.

A group of 33 senators, mostly Democrats, is urging the new head of the Federal Housing Finance Agency to resume funding for two affordable housing trust funds.

A Florida businessman has been ordered to pay roughly $1 million and spend over a year in prison for defrauding the Export-Import Bank of the United States.

The Oklahoma State Banking Department has closed Bank of Union in El Reno.

The Riverwoods, Ill., company is the second large private student lender in two weeks to announce plans to enter the long-moribund refinancing market.

The Mississippi bank's latest acquisition would take it into the Austin, Texas, market, but CEO Dan Rollins refuses to answer questions from investors and analysts about how quickly it would earn back its dilution of tangible book value.