Global investor confidence rose 12.7 points this month, to 72.9, from January's revised level of 60.2, according to an index kept by State Street Global Markets, State Street Corp.'s investment research and trading arm.

Gibraltar Private Bank and Trust, a Coral Gables, Fla., unit of Boston Private Financial Holdings Inc., has announced the hiring of Matthew A. Lapides to be the managing director of its wealth arm.

The stimulus legislation signed Tuesday by President Obama restricts banks' hiring of foreign workers if they take money from the Troubled Asset Relief Program.

While San Francisco had the biggest improvement in affordability for prices today versus 2019, Hartford remains in a very deep freeze, First American said.

Home prices increased 0.9% year-over-year and 0.1% month-over-month in January, according to the S&P Cotality Case-Shiller national home price index.

Stock prices jumped notably following the billionaire and legacy GSE investor's comment indicating Fannie and Freddie have been "stupidly cheap."

As the CFPB moves closer to updating its debt collection regulations, revising restrictions on phone calls and other communications with consumers must be a priority.

Departments across large institutions remain siloed, which leads to poor customer service. Fintechs are poised to take business from unhappy consumers unless banks address this problem.

Consumers expect financial institutions to provide mobile applications that combine ease of use with top-class security features. Biometrics could help credit unions keep up with these high-stakes technology demands.