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The National Credit Union Administration backed off measures that would have let credit unions sign up members in areas where they have ATMs and online services, but no branches. The move was seen as a partial victory for banks, though the matter could ultimately be decided by Congress.

Alternative lenders, which often use aggressive underwriting tactics to generate high returns, were closing in on banks even before the pandemic. Now they've pulled ahead.

Banks must report major cyberattacks to regulators within 36 hours if the incident is likely to disrupt their business, according to a new rule from U.S. regulators.

The nomination hearing for Saule Omarova featured sharp questioning from members of both parties, raising further doubts about her chances of getting confirmed. The industry views her as too anti-business to lead the Office of the Comptroller of the Currency.

Regulators are requiring an operational overhaul at The Federal Savings Bank. Its former CEO Stephen Calk, who sought a job in the Trump administration, was convicted in connection with loans the bank made to onetime Trump campaign chair Paul Manafort.

JPMorgan Chase was removed on Thursday from a $700 million Louisiana municipal bond deal after the bank’s stance on guns drew criticism from state Republican officials.

The combination of Horizon Credit Union in Washington and Embark Credit Union in Montana would have $1.8 billion of assets and 31 branches in four states.

Wilson created an app from scratch in the middle of a large merger, he's setting up “client journey rooms” where customers co-create technology with technologists, and he's moving the bank forward into cloud computing.

The digital-only bank, which entered the U.S. about two years ago, said Thursday that it is closing roughly 500,000 customer accounts here and will prioritize growth in Eastern Europe.

Goldman Sachs Group is expanding its private-banking team in London as it builds out operations targeting the world’s ultrawealthy.