Wells Fargo's board was accused of breaching its duty to investors in a lawsuit that also names Carrie Tolstedt, the executive whose community banking unit created unauthorized customer accounts to reap extra fees.

An unusual investment by the Minneapolis company shows how big banks are developing innovative partnerships to deliver financial services in low-income neighborhoods.

In 2010, lawmakers passed reforms to bring transparency and competition to a swipe fee market that had been devoid of both. Now, they want to undo that progress.

Brookline Bancorp in Boston has promoted its head of commercial real estate lending to leader of its entire banking unit.

Bankers generally expect loan demand to increase over the next year, but global shocks, domestic politics and regional economic variations may be prompting them to prepare for slightly slower growth than before.

JPMorgan Chase has made an equity investment of an undisclosed size in InvestCloud, a startup that provides cloud-based software to the securities industry.

First Midwest Bancorp in Itasca, Ill., is planning to shutter 16 branches in connection with its acquisition of Standard Bancshares in Hickory Hill, Ill.

Banks continue to gather ID documents manually from would-be customers, even ones who sought to open accounts online. Bringing the manual process into the digital age is the goal of several startups.

BankGuam Holding in Hagatna aims to raise $10 million through the sale of preferred stock.

The LegacyTexas Financial Group in Plano sold $50 million in debt to use for possible acquisitions and other purposes.

HomeTrust Bancshares in Asheville, N.C., is beefing up in Tennessee with a deal to acquire TriSummit Bancorp in Kingsport.

Paper-based marketing — not digital communication — remains a more promising way to reach customers 50 and older, who also tend to be a bank's wealthiest client segment.

What happens on an executive leader's watch starts and stops with that executive. That is especially true when it comes to sales and sales leadership.

Gemini Trust Co., the U.S.-based digital-currency exchange founded by entrepreneurs Cameron and Tyler Winklevoss, is introducing a daily bitcoin auction to facilitate price discovery and larger trades at lower costs.

John Stumpf may have hoped that Tuesday's hearing on Capitol Hill would mark a key turning point in Wells Fargo's blossoming scandal, but his harsh questioning by lawmakers — and his struggle to answer many of their questions — suggests that the embattled megabank's problems are just beginning.

OFG Bancorp in San Juan, Puerto Rico, has sold its bank's participation in a line of credit to the Puerto Rico Electric Power Authority, or PREPA.

Fraud analytics, e-signatures, consent tools, artificial intelligence and notifications are all being floated as possible defenses against employees falsifying account openings and product sales.

The activist investor is irate that the company's board will not meet to discuss concerns it has over executive compensation and corporate governance.

Ten institutions are rising above national grievances to help startups – many minority owned – get up and running in a struggling mill town.

Contrary to expectations about growing mortgage lending volumes, current industry trends suggest a gradual reduction in capacity for both lending and servicing that should alarm policymakers.