Retail & Commercial

JPMorgan Chase & Co. will pay $410 million to settle U.S. Federal Energy Regulatory Commission allegations that the bank manipulated power markets in California and the Midwest from 2010 to 2012.

Solera National Bancorp in Lakewood, Colo., is looking for a new president and chief executive.

CenterState will pay $77 million in cash and stock for Gulfstream, which focuses on small businesses and medical practices.

Prepaid card fees have plagued otherwise successful entrepreneurs and celebrity endorsers, including Suze Orman the Kardashian Sisters and Justin Bieber. But to prepaid card users, fees have left the spotlight.

The Federal Trade Commission has moved to shut down an international network of scammers that sent millions of unwanted text messages to consumers, using the lure of “free” gift cards and electronics to entice consumers into an elaborate scheme designed to take their money and target them for illegal robocalls.

Leaders in emerging payments and virtual currency have formed a committee to establish a self-regulating body to ensure regulatory compliance as the marketplace changes.

LAKE JACKSON, Texas – TDECU is one of the first institutions to sign a Preferred Branding deal with ATM giant Cardtronics, which the company said elevates the credit union’s ATM visibility in a new way.

Quarterly profit at Heartland Financial (HTLF) in Dubuque, Iowa, slipped by 31% from a year earlier as costs rose and gains from loan sales fell.

John Salop of BB&T (BBT) succeeds Fred Rubin, the $875 million-asset Access announced Monday.

American International Group Inc. (AIG) will return funds to customers at its banking unit and shut their accounts amid a retreat from deposit-taking as the Dodd-Frank Act places limits on insurers.