The cloud computing company Salesforce has introduced Salesforce Financial Services Cloud, a series of applications written for financial services firms. The first application in the series is designed to facilitate the relationships between financial advisers and their clients.

Regions Financial in Birmingham, Ala., has hired a former Bank of New York Mellon executive as head of its corporate trust group.

Citigroup has agreed to refund $4.5 million to global markets customers who were charged excessive fees and did not receive appropriate rebates.

The Federal Housing Administration's mortgage insurance fund now sits in a much better financial position, but officials say it's still not strong enough to make the premium cuts the industry wants.

Gov. Phil Murphy signed an executive order Wednesday establishing a board that would come up with a plan to create a public bank in New Jersey.

And the government-sponsored enterprises could hold initial public offerings in 2021 or 2022 to ensure they hold adequate capital, FHFA Director Mark Calabria said.

Stakeholders have been focused on what went wrong in the months before Silicon Valley Bank was taken over by regulators. However, essential risk management was missed more than a year ago.

To strengthen the industry, large regional banks should be subjected to heightened supervision and the Federal Deposit Insurance Corp. should change how it assesses deposit insurance premiums.

Pledges to get to net-zero funded emissions by 2050 appear to be falling by the wayside as oil companies expand their fossil fuel extraction operations.