The heads of banks are resistant to analytics and data-driven decisions in general, according to a new survey, yet embrace them in limited uses.

Only eleven months after cheering Federal Housing Finance Agency Director Melvin Watt's confirmation, Senate Democrats are fed up with the pace of reforms at the agency.

UMB Bank's strong fee revenue and cheap deposits give it leeway to compete on loan pricing, employing a strategy often used by much larger banks. Mike Hagedorn, the 100-year-old bank's chief executive, also discussed UMB's renewed interest in disciplined M&A.

Discover Financial Services has finalized a new policy that will make it easier for its credit card customers to redeem their cash rewards.

With an eye on eliminating mortgage buybacks and adhering to increasing regulatory compliance obligations, mortgage lenders are redoubling their sales training efforts for both rookie and veteran loan officers.

Wells Fargo announced Wednesday that former Federal Reserve Board Gov. Elizabeth “Betsy” Duke is joining its board of directors.

The New York unit of Japanese securities firm Nomura Holdings may be three traders short after reportedly placing them on leave, but the firm is said to have muscled away a large auction held yesterday.

Crazy Woman Creek Bancorp in Buffalo, Wyo., has exited the Troubled Asset Relief Program.

Federal and state regulators on Wednesday stopped an online scheme that allegedly lured consumers with offers of free credit scores.

The Federal Trade Commission recorded more than 40,000 cases of grandparent scams from 2010 to 2013 and the scam is widely considered to be underreported.

Biometric authentication may seem all the rage now that Apple uses fingerprint authentication in its mobile wallet, but the Bitcoin ATM provider RoboCoin has concluded that biometric technology can be more of a hassle than a help.

First Savings Bank of Perkasie in Perkasie, Pa., has agreed to merge with First Federal of Bucks County in Bristol, Pa.

Independent Bank Corp. in Rockland, Mass., has raised $35 million by issuing debt.

First National Corp. in Strasburg, Va., has agreed to buy six branches in Virginia from Bank of America.

Lawyers for the U.S. and Wells Fargo told a judge they doubt they can reach a settlement in a government lawsuit accusing the bank of home-mortgage fraud, a person familiar with the matter said.

Whether financial services executives love or hate Bitcoin, experts say the digital currency's underlying technology will inevitably affect their businesses. And the next generation of consumers are driving this change.

The Federal Housing Administration's mortgage insurance fund is finally in the black, but not strong enough that the agency is likely to lower premiums anytime soon.

In the card industry, enrolling customers online was once viewed as risky, even taboo. Today it is considered a key signpost of success.

Silicon Valley Bank, based in Santa Clara, Calif., has selected 18 students from colleges around the country to participate in its inaugural SVB Trek, a program connecting students to West Coast tech leaders, including entrepreneurs and venture capitalists.

Goldman Sachs Group Inc. dismissed currency trader Frank Cahill over alleged behavior during his time at HSBC Holdings PLC.