Retail & Commercial

JPMorgan Chase said it will face enforcement action from federal regulators over its collection practices and add-on products commonly appended to credit cards.

First Merchants in Muncie, Ind., was looking to get closer — but not too close — to the Chicago market when it agreed to buy CFS Bancorp of Munster, Ind.

Visa is adding electronic capabilities to its Visa Offers rewards program, leveraging online and mobile technology to bring offers closer to the point of sale.

Financial journalists sometimes refer to M&A bankers as "rainmakers." Do they make it rain, or do they just take credit when it starts raining?

Old Line Bancshares in Bowie, Md., has appointed Mark Semanie as its chief operating officer to help manage its recent growth.

The U.S. government has charged an Illinois man with overstating by hundreds of thousands of dollars the value of collateral he used to secure loans from a bank that received funds through the Troubled Asset Relief Program.

The Chicago-area company has started financing employee stock-ownership plans as a way to eke more business out of commercial clients.

A combination of low yields and loosening terms may be setting banks up for trouble in the event of an economic downturn, one of the nation's top credit ratings agencies said Monday.

Roam, a Boston-based Ingenico subsidiary that sells mobile commerce technology, will partner with iPayment to sell a range of mobile payment services to merchants.

Bankers truly face a Catch-22 in the lending business these days, thanks to "qualified mortgage" and disparate impact laws.