Ian McKendry

WASHINGTON — President Obama on Wednesday formally signed off on the creation of a national intelligence center to share information about cyber threats.

WASHINGTON — President Obama on Wednesday formally signed off on the creation of a national intelligence center to share information about cyber threats.

A senior regulatory official on Wednesday continued the alarm bell over the brisk growth in auto lending, suggesting that some lending terms could be setting up banks for trouble.

Community bank earnings surged 28% to $4.8 billion during the fourth quarter, compared to a 7.3% decline for the industry as a whole, according to a report released Tuesday by the Federal Deposit Insurance Corp.

WASHINGTON — An increase in litigation costs at a few large banks and lower noninterest income led to a year-over-year decline in earnings, the Federal Deposit Insurance Corp. said Tuesday.

Online banking, ATMs and other advances have limited face-to-face transactions, but new Federal Deposit Insurance Corp. research says the brick-and-mortar office isn't going anywhere just yet.

WASHINGTON — Frank Keating, the chief executive of the American Bankers Association, is stepping down at the end of the year and a search for his successor has already begun.

Online banking, ATMs and other advances have curtailed face-to-face transactions, but new Federal Deposit Insurance Corp. research says the brick-and-mortar office isn't going anywhere just yet.

WASHINGTON — Federal regulators extended the deadline for three nonbank firms considered "systemically important" to submit their revised resolution plans, also known as living wills.

Bankers, technology CEOs and President Obama are throwing everything they have at countering the growing threat of cyber attacks, putting their faith in biometrics, tokenization and data sharing. But it's far from clear that it will be enough.

Top executives from Bank of America, U.S. Bancorp, American Express, Visa, MasterCard, Microsoft and Apple are expected to participate as part of a White House summit on cybersecurity issues in California on Friday.

Top executives from Bank of America, U.S. Bancorp, American Express, MasterCard, Microsoft and Apple are expected to participate as part of a White House summit on cybersecurity issues in California on Friday.

The FDIC welcomed seven new members to a committee on Wednesday that will provide recommendations on policy and regulatory issues affecting community banks.

WASHINGTON — Federal bank regulators made a tool available on Wednesday to help banks calculate capital requirements for securitization exposures.

The creation of a new cybersecurity agency is the latest move by the Obama administration to combat the increasing threat of cyberattacks.

The creation of a new cybersecurity agency is the latest move by the Obama Administration to combat the increasing threat of cyber-attacks.

The Office of the Comptroller of the Currency is trying to send a clearer message to banks about potential red flags by removing low-level recommendations from its exam reports.

The New Jersey Assembly is weighing whether to pursue legislation that would make the state a haven for digital currency businesses.

The Federal Deposit Insurance Corp. issued a letter Wednesday emphasizing that financial institutions should take a measured approach to banking relationships rather than cutting ties with entire lines of businesses.

Banks partnering with prepaid card providers face the potential of higher deposit insurance fees and other ramifications from the Federal Deposit Insurance Corp. classifying accounts as "brokered."