A London-based pioneer in commodity exchange-traded funds has quickly made a splash in the United States and says he plans to become a force here.

When clients confide about a newly diagnosed condition, plans must be adjusted not just financially, but to also ensure that the client's wishes and dignity are protected — while they are still able to voice them.

State Street Corp., the third-largest custody bank, said it will cut 1,400 jobs beginning this week and trim real estate costs as interest rates near zero erode profit.

The California Democrat would have more of a bully pulpit as chair of the Financial Services Committee, but some say she could take a pragmatic approach to passing banking legislation.

Level One Bank in Farmington, Mich., has hired a team of mortgage bankers from MB Financial, which previously announced it was shutting down this business line.

A Fannie Mae test to handle the private mortgage insurance process for lenders may raise concerns that it's going outside the scope of its secondary market mission. But the effort reflects its mandate to explore new credit-risk transfer alternatives, a company executive said.

Properly implemented, RPA is capable of improving productivity and reducing costs, but institutions must have a clear understanding about what it takes to improve their odds of success.

The single-use element of virtual cards deters hacking, says Nvoicepay's Kristin Cardinali.

It's not just new transaction rails, but the speed of innovation has increased, says Hangar 75's Ian Wilding.