SunTrust Banks Inc. promoted Willem-Jan O. Hattink to executive vice president and head of private wealth management and institutional investment solutions.

Thanks largely to expanded marketing and increased distribution, OptumHealth Financial Services has boosted its health savings accounts 35% over the past two years, but health-care reform could hamper future gains.

Charles Schwab Corp. posted a 34% drop in third-quarter profit as low interest rates and depressed stock prices continue to cut into asset management fees.

Officials signaled that Hudson City Savings Bank's nearly $33 million settlement over redlining charges is only the first in what is likely to be a string of other cases.

Federal officials on Thursday ordered Hudson City Savings Bank to pay more than $27 million to resolve redlining allegations, the largest order of its kind and one that is likely to put larger banks on notice that redlining cases will be aggressively pursued.

Although new HMDA data shows no negative effects from CFPB mortgage rules that went into effect last year, industry representatives argue it isn't showing the full picture.

Granting a third party access to a bank's systems in exchange for more advanced technology can help prevent fraud, but it can also attract cyberattacks.

Traditional phishing attacks on email are easier for most users to spot, causing crooks to migrate to new venues, argues The ai Corporation's James Crawshaw.

One credit union's experience helping Puerto Ricans after Hurricane Maria illustrates how powerful financial wellness tools can be.