Jacob Passy

AIG Makes Peace with Activists; HSBC Ends Salary Freeze

Banks stocks fell further than the overall market yet again Thursday, as concerns about negative interest rates, the energy sector and other matters showed no signs of abating.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

Hawaii Central Federal Credit Union and The Queen's Federal Credit Union, both based in Honolulu, have merged.

Can Fed Go Negative?; BNP Paribas Cold on Energy

Standard & Poor's Ratings Services is warning banks with high levels of exposure to the energy industry to think twice before ramping up their lending in other sectors.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.

CFPB Pushes Banks on Small Loans; Yellen at Congress

Outstanding automotive loan balances rose 11.5% from a year earlier in the fourth quarter, Experian Automotive said Tuesday.

Bank Stock Slide Continues; London Banks Fear Brexit

Heartland Financial USA in Dubuque, Iowa, has completed its acquisition of CIC Bancshares in Denver and made related executive moves.

Fit Pay in San Francisco has launched a campaign on the crowdfunding site Kickstarter to raise funds for the final production of a payment-enabled wristband developed for Pebble Time smartwatches.

Credit Suisse CEO Cuts His Bonus; Liquor Named for Lehman

When Armine-Klein joined the company in May 2014, First Data held a 45% rating on the Human Rights Campaign Corporate Equality Index, which is used to benchmark corporate policies and practices regarding lesbian, gay, bisexual and transgender employees. Today, First Data holds a score of 100%.

Work-life balance has taken a new meaning for Synchrony Financial's Carol Juel since her company began its spinoff from GE over a year ago.

As ACI Worldwide's executive vice president of application development, addressing the real-time payments challenge falls squarely on her shoulders.

To Kennel, mentorship and encouragement from the top down would go much further toward boosting workplace diversity than any sort of formal association.

First Niagara Financial Group in Buffalo, N.Y., which is being sold to KeyCorp, cited restructuring and merger-related charges in reporting a 30% profit decline.