Banking

Advance America responds to One PacificCoast Bank.

A public rift is emerging among some of the Democratic attorneys general who forged the 49-state mortgage settlement with five major banks over how aggressively to enforce servicing standards.

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.

Vasco will pay approximately $20 million in cash for the Cambridge, U.K.-based Cronto, with certain conditions that could push the final payout to $22 million, the companies said Monday.

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.

Indiana Members Credit Union in Indianapolis has switched to Jack Henry & Associates' core-processing system.

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

Experian announced Tuesday that a division of its marketing services department, QAS, has launched phone number verification software that can differentiate smartphones from landlines.

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

Two bank deals, one in New Jersey and the other in California, have won regulatory approval and are nearing completion.

JPMorgan Chase (JPM) Chief Executive Officer Jamie Dimon won majority support from investors to keep his chairman title in preliminary voting ahead of today's shareholder meeting, according to two people with knowledge of the tallies.

The U.S. government's push to fortify the nation's cyber defenses should complement industry efforts, bank and credit union lobbying groups are expected to tell Congress on Tuesday.

Like Jamie Dimon, a number of bank leaders have been in fights to keep their chairmanships from being lopped off in recent years. Many lost, and a few survived—but it's rarely pretty.

Mark Jaindl, a Pennsylvania banker, fell less than 100,000 short of shaking up the board at the parent of Home Savings Bank.