Northern Trust Corp. announced Wednesday it repurchased for $87 million a warrant issued to the Treasury Department to buy about 3.8 million shares of its common stock as part of the Tarp Capital Purchase Program.

Confidence among affluent investors grew in the second quarter, according to the TNS Investor Confidence Index.

BNY Mellon Wealth Management, a unit of Bank of New York Mellon Corp., has hired Kristin Nelson and Dean W. Catalano as senior sales directors in the unit's plan to expand in Southern California.

Royal Bank of Scotland, Britain's largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence.

At a time when regulators, prosecutors and the media have stepped up their scrutiny of subprime auto lending, some in the industry have changed their definitions of key terms in ways that downplay the risks involved.

Associated Banc-Corp in Green Bay, Wis., agreed to expand mortgage lending in minority neighborhoods to settle a federal probe into its fair-housing loan practices.

As the number of payment types and channels increase, manual processes to handle fraud can rapidly become unmanageable, says The ai Corporation's Oliver Tearle.

Congress should get behind the Fed's effort to launch a real-time payments service instead of getting in its way.

Women need to take charge of their own networking events.