State Street said fourth-quarter profit fell 3.7% as expenses rose faster than revenue.

Capital One acquired Level Money, a startup with a budgeting app for consumers, on Monday. Level Money has approximately 700,000 users and claims to have helped users manage a total of $12 billion during its brief existence.

Even is building a mobile money-management service for baristas, Lyft drivers, freelancers and others with unpredictable incomes. For $5 a week, users can draw advances on paychecks during rough patches.

The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.

Cathy Bessant, BofA’s chief operations officer, is the Most Powerful Woman in Banking; 6 standout fintechs at Finovate 2019; the Citi CEO says gender pay gap is ‘a challenge we need to tackle together’; and more from this week’s most-read stories.

The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000.

The Federal Reserve's final rule severely restricting the ability of state member banks to engage in crypto-related activities was released without a legally required period of notice and comment.

In his new book, the technology and financial services veteran Thomas Vartanian explores how countries could band together to create a more secure digital world while explaining what's holding society back from achieving this.

The Financial Stability Oversight Council is clearing the administrative road to designate nonbank firms and activities as systemically risky, but if it wants those designations to stick it needs the public on its side.