Banks may be on pace for a record year in sales of life insurance, according to Kehrer-Limra's latest Bank Life Report.

Evercore Partners' deal to buy a 50% stake in the boutique bank G5 Advisors last week is just one example of how Wall Street dealmakers are scrambling to get a foothold in Brazil, whose rapidly growing economy promises to be an active source of mergers and acquisitions.

Barclays Wealth on Monday announced that it appointed banking veteran David Lewis as managing director and head of its Americas banking unit, a new position.

Problems with the IRS-managed Income Verification Express System, or IVES, have stoked concerns about delayed mortgage closings when volume picks up this spring.

Housing finance reformers are pushing full steam ahead to get a bill introduced before the political calendar makes passage nearly impossible.

Three senators have unveiled a bill that would allow captive insurance companies to regain full membership in the Federal Home Loan Bank System.

Consumers have gotten used to mobile order, pay and delivery, and will require even greater innovation, says OnFleet's Khaled Naim.

It would force national banks to make loans to high-risk industries that often pose dangers to vulnerable communities. The next comptroller of the currency should instead promote equal credit availability for consumers who need it most.

Many financial institutions have made initial moves into real-time payments via P2P services, and the use cases will jump over time, says Fiserv's Matt Wilcox.