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.

Metropolitan Commercial Bank in New York has a new chief financial officer.

Virtual currency advocates are hoping a recent surge of support in Congress can help them accomplish a long-sought goal of creating a safe-harbor for companies that do not directly hold customers' funds.

The Bancorp in Wilmington, Del., has agreed to sell a portfolio of health savings accounts to UMB Financial in Kansas City, Mo. The portfolio has about 40,000 accounts with $76 million in deposits and investment assets.

Amalgamated Bank in New York has pledged to take operational steps to address global warming.

In order to successfully and scalably combat card-related fraud and digital payments hacking, organizations need to rely less on standards like EMV and PAN/PRN, and recognize today’s currency is no longer just about money.

A union-led coalition is seizing the opportunity presented by the firing of 5,300 workers at Wells Fargo to call for higher pay and better working conditions for branch employees.