Kevin Wack

American Express has prevailed in its latest round of legal sparring with the Justice Department.

The state's highest court ruled that lenders affiliated with Native American tribes are not entitled to sovereign immunity and must comply with state interest rate caps. It marks the latest triumph for consumer groups and state governments that have sought to rein in high-cost consumer lenders.

John Stumpf and Carrie Tolstedt were ardent evangelists of the bank's sales strategy and culture. Their refusal to move in a new direction left Wells Fargo with problems that will take a long time to fix.

Citizens Financial Group in Providence, R.I., said Tuesday that it expects to start offering digital small-business loans in mid-2017.

Longtime CEO Richard Kovacevich retired from Wells Fargo almost a decade ago, but understanding the scandal that has engulfed the bank requires a close look at the cross-selling mindset that he left for his successors. It was a culture in which the sales often justified the means.

Just weeks after it shook up its executive ranks and suspended efforts to pursue new customers, the New York-based business lender confirmed Friday that it is eliminating dozens of jobs.

Just weeks after it shook up its executive ranks and suspended efforts to pursue new customers, the New York-based business lender confirmed Friday that it is eliminating dozens of jobs.

Wells Fargo continues to sustain damage from consumers who were put off by the company's phony account scandal.

Wells Fargo continues to sustain damage from consumers who were put off by the company's phony account scandal.

Capital Business Credit, a New York-based business finance company, has been acquired by a San Francisco-based lender.