Retail & Commercial

JPMorgan Chase plans to elect two board members to replace the much-criticized directors who stepped down in July.

Reform of housing finance giants Fannie Mae and Freddie Mac gained surprising momentum in recent months. But it's at risk of grinding to a halt as the Capitol Hill is consumed with Syria and the confirmation of a new Federal Reserve chairman. American Banker editors discuss the prospects for GSE legislation amid a packed and contentious legislative agenda.

The current bank M&A market is too hostile for Royal Bank of Scotland to consider completely selling off its U.S. subsidiary, the incoming chief executive of that unit says.

Citi has completed its purchase of electronics retail giant Best Buy's U.S. credit card portfolio from Capital One.

Congress must create mechanisms to dampen the volatility of housing finance, writes James Lockhart, the former regulator for Fannie and Freddie, on the fifth anniversary of their takeover by the government.

Aspire FCU call center staff can tell if they are having a good day by the looks on their faces-which they can see from the mirrors in each of their cubicles.

One credit union has found success using remote controlled drones to highlight branch locations and promote the credit union.

Wilshire Bancorp in Los Angeles said Monday that it had hired Jung Hak Son as its chief marketing officer, a position he took over in 2009.

DETROIT — NCUA said this afternoon the Michigan Department of Insurance and Financial Services liquidated Craftsman CU and appointed the federal credit union agency as liquidating agent for the one-time $44 million auto workers credit union, the year's 12th failure.

California's legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.