Retail & Commercial

JPMorgan Chase this week agreed to pay $13 billion to settle mortgage-related claims, under a landmark agreement with the Department of Justice. American Banker editors discuss what the settlement means for the bank, Chairman and CEO Jamie Dimon and state and federal authorities.

Cash America will pay up to $19 million to settle allegations that it robo-signed documents, overcharged military borrowers and destroyed documents during a CFPB exam.

The Consumer Financial Protection Bureau on Wednesday unveiled an enforcement action against Cash America International for robo-signing and other violations. American Banker editors discuss what the action says about the future of the small-dollar loan market and the CFPB's future enforcement activities.

Banks may never be able to restore their reputations after the financial meltdown, the director of the "Wall Street" movies told a Commercial Finance Association gathering. Surely the association wasn't expecting a pep talk.

U.S. Bancorp in Minneapolis plans to join the American Express credit card network by fall 2014.

U.S. Bancorp (USB) in Minneapolis plans to join the American Express (AXP) credit card network by fall 2014.

The U.S. could be at a competitive disadvantage by being less proactive in the area of gender diversity on boards. We’ll need to engage CEOs everywhere to achieve meaningful progress.

Bank of Commerce Holdings (BOCH) in Redding, Calif., has promoted Randall Eslick to be its new president and chief executive.

Americans continued to cut back on credit card debt and reduce late payments in the third quarter, according to a new report from TransUnion.