Financial Institutions in Warsaw, N.Y., is overhauling its risk-management structure, while also looking for a new executive to handle such duties.
Goldman Sachs is in the final stages of negotiating $1.1 billion settlement with the Federal Housing Finance Agency, according to a news report Friday.
The Consumer Financial Protection Bureau has finalized revisions to its international money transfer rule that will provide certain remittances with a longer exemption.
Peapack-Gladstone Financial in Bedminster, N.J., could look to raise up to $100 million in coming months.
JPMorgan customers were targeted with a phishing scam earlier this week aimed at obtaining online banking credentials.
Citizens Financial Group in Providence, R.I., has hired Russell Herakovich to lead the national expansion of its health care banking group.
Blue Harbour Group, an activist investor fund, has amassed a 5.7% stake in Investors Bancorp in New Jersey.
The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry for a pilot program looking at whether electronic fillings can improve the mortgage closing process.
Federal Housing Administration Commissioner Carol Galante signaled more affordable FHA financing could be coming as the agencys insurance fund improves.
Chemical Financial in Midland, Mich., and First National Bank of Omaha in Nebraska have partnered to market and issue a new rewards-based MasterCard.
Bryn Mawr Bank in Pennsylvania has agreed to buy Powers Craft Parker & Beard, an insurance broker and risk management consulting firm.
Bank of America Corp. will pay $245 million to settle U.S. Securities and Exchange Commission allegations that it failed to disclose rising mortgage losses and the risks of bonds tied to home loans.
Staff from Alliance Credit Union walked through the debris in the troubled city of Ferguson, Mo., Wednesday, asking business owners if they needed a 0% loan.
Bank of America Corp. (BAC) will pay $16.65 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis, the Justice Department said.