Tidjane Thiam submits his resignation; the two agencies said they will soon start accepting mortgages tied to the new rate and drop Libor by yearend.

A new report from J.D. Power found that younger consumers increasingly believe the largest banks are better than regionals in providing financial guidance through digital channels.

Greg Seibly guided Sterling through the financial crisis before engineering its sale to Umpqua Holdings in 2014. He had most recently served as CEO of the Federal Home Loan Bank of San Francisco.

JPMorgan Chase is staking its consumer-banking strategy on digital technology. In 2020, that push will be spearheaded by a new team of executives.

Michael Cleary will report to Scott Powell, who had been his boss at Santander Bank.

Organizers of Triad Business Bank have raised enough capital and have received approval from the FDIC.

The new features use automatic transfers to encourage account holders to build savings faster and with less effort.

The Mississippi company will pay $49 million for Traders & Farmers Bancshares.

Anticipating a weaker economy and added pressure on stock prices, banks authorized more repurchases of outstanding shares last year.

Popular’s branch in a Brooklyn neighborhood faced an uncertain future until it was designated as a bank development district. Now it’s eligible to receive millions of dollars in municipal deposits.