Commercial lending

The Department of Justice and the Securities and Exchange Commission announced settlements Friday related to alleged misconduct that occurred during Renaud Laplanche’s tenure atop the online lender.

Readers parse JPMorgan Chase CEO Jamie Dimon's latest public comments, debate a California small-business lending bill, weigh the impact of open banking and more.

Few small businesses in Puerto Rico applied for credit to finance recovery from hurricane damage. The reasons are instructive for financial institutions’ response to disaster recovery, the New York Fed says.

Gov. Jerry Brown’s administration sent letters Wednesday to 20 nonbank lenders that charge triple-digit annual percentage rates to try to determine if their use of online referrals is steering borrowers into larger loans than they want or need.

Some lenders fear a moratorium on new participants, and other restraints, could be the beginning of the end for the agency's Community Advantage program.

The House of Representatives passed two bills that would tie appraisal waivers for Small Business Administration loans to bank rules for commercial real estate loans, despite objections from the Appraisal Institute about its members being cut out of transactions.

The bank seeks to answer the threat posed by disruptors with quick online loans and a card that rewards small businesses for more kinds of spending.

The legislation would help small-business owners better evaluate financing options by requiring updated disclosures.

JPMorgan's chief cautioned against expanded regulation for big companies, arguing that businesses contribute to the economy.

BMO Harris Bank has made significant strides in recent years attracting retail and small-business customers, and now it's up to Ernie Johannson to keep the momentum going.