The superregional bank inked its merger agreement with FirstBank just two weeks after it saw the first draft of the agreement.
Jacob Dienelt, a former financial adviser at Morgan Stanley, has joined Factom, a cryptocurrency tech startup, as its head treasurer.
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The Federal Reserve's vice chair for supervision said FedNow and digital currencies are important areas for research, but not at the expense of legacy systems like cash and debit.
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JP Morgan Chase and Carver Federal Savings are applying fast-acting security tools more broadly — regardless of how fast the transaction is.
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Britons are pulling more and more cash from bank accounts that don't pay enough interest. It's beginning to hit the U.K.'s biggest lenders where it hurts.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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UBS, the Swiss bank that needed a government rescue in 2008, expects to attract more funds from wealthy clients this year after recording a second straight quarterly increase.
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To boost its business in the Northeast, Chicago's Northern Trust has hired three wealth advisers and a wealth strategist.
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Minorities are still charged more for mortgages when all other applicable credit factors are equal — both in person and online, according to a new study by the University of California, Berkeley.
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The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices.
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CUs in Kansas, Missouri, Texas and Florida have joined the Kansas City-area credit union service organization.
First National has agreed to buy Touchstone Bankshares. The combined company would have more than $500 million each of deposits and loans.
Hester Peirce and SEC Acting Chair Mark Uyeda say they want to group to devise a clear compliance framework for digital assets and end regulation by enforcement.
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The relaxation of Community Reinvestment Act and fair-lending enforcement by the OCC after President Trump took office deprived minority and low-income applicants in Memphis who sought credit from the bank for far too long.
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The Financial Stability Oversight Council’s report on climate risk in the financial sector is a backdoor attempt to implement the Green New Deal, a Republican member of the House Financial Services Committee writes.
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Community banks don’t need to match the biggest banks’ digital offerings or advertising budgets. Where they can compete, and win, is by delivering more personalized service.
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The ongoing government shutdown prevented the Bureau of Labor Statistics from releasing its September jobs report Friday, but job growth appears to be softening. The lack of reliable government data comes as the Federal Reserve mulls further interest rate cuts.
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College sophomores are applying for jobs before they've even taken a finance class. Goldman Sachs CEO David Solomon says he dislikes the process, but doesn't have the power to change it.
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Portugal's Feedzai will build the fraud detection system for Europe's planned digital currency, a deal worth up to $278 million.
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The digital bank is expanding its investment offerings with a lower-risk, fee-free level of options trading.
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Jennifer Taylor at Citibank and Jodi Richard at U.S. Bank are driving a rethinking of how to tackle the risks banks face using technology.
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As consumers use digital subscriptions for everything from streaming movies to cooking meals, financial apps are taking different approaches to helping their customers navigate recurring payments. Should banks get in on the action?
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Legal experts say the outcome of Slaughter v. Trump, which considers Trump's termination of a Federal Trade Commission member, could have profound implications for Federal Reserve Governor Lisa Cook's litigation, which in turn could determine the future autonomy of the central bank.
The credit card giant is facing both a class-action case and a related state-AG lawsuit over the low rates it paid to savers. Can the settlement of one suit ease the pain of the other?
The 23rd annual ranking of women leaders in the banking industry.
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