Retail & Commercial

Only 32% of JPMorgan Chase shareholders voted in favor of splitting Jamie Dimon's chairman and chief executive roles, but the victory can't erase the months of harsh scrutiny over Dimon's power and the bank's governance.

Wal-Mart Stores and Starbucks are among 19 companies opting out of a $7.25 billion antitrust settlement with Visa and MasterCard over fees charged to merchants to process credit-card transactions.

Swipely has secured a $12 million Series B round of financing, which will fund its nationwide expansion, the payments and marketing company announced today.

Geoffrey Hesslink, an executive vice president, was promoted to the newly created post, the $1.7 billion-asset company said Tuesday.

Smaller banks may decide now is a good time to go public and raise capital for acquisitions and other growth opportunities.

The Fed on May 15 lifted a 2009 written agreement that barred the $326 million-asset Tysan from taking on debt or repurchasing stock without regulatory approval.

JPMorgan Chase (JPM) Chief Executive Officer Jamie Dimon won shareholder support to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.

JPMorgan Chase's (JPM) Jamie Dimon won a resounding victory Tuesday in a closely watched referendum over his power and position as the bank's chairman and chief executive.

Umpqua CEO Raymond Davis expects banks to focus on customer service and building smaller branches in the years to come.

S&T Bancorp in Indiana, Pa., has appointed a new chairman.