The Consumer Financial Protection Bureau celebrates its 12th anniversary on Friday, prompting Director Rohit Chopra to discuss the agency's work including a proposal to set credit card late fees at $8 and the upcoming Supreme Court case that could defund the bureau.

The Phoenix bank was one of the institutions hit hardest in this spring's banking crisis, but deposits rebounded in the second quarter. The bank's earnings results were what "we were all hoping for," one analyst said, sending its stock up 8%.

The recent conversion marked one of the final steps in the $8 billion acquisition, first announced in 2021. U.S. Bank still anticipates up to $900 million in cost savings and a breadth of opportunities to expand revenue from the transaction.

The regional bank said dozens of new hires give it a major presence on both coasts, and it plans to build out its team of advisors and its private banking products.

Two of the three midsize banks that failed this spring were unprepared to access the Federal Reserve's discount window, limiting regulators' ability to inject cash at a pivotal moment. Regulators say that experience should be a wake-up call.

After the Tennessee bank's canceled sale to TD Bank, it launched a marketing campaign that attracted tens of thousands of new customers. The next step is expanding these relationships, executives said during the company's second-quarter earnings call.

The managing director of Arjuna Capital led a successful shareholder activist campaign in 2018 that led to dozens of large companies reporting their true gender pay gap numbers. Now she is pursuing companies who are moving too fast with advanced AI.

While credit unions are being cautious with this lending line, some see opportunities to grow their commercial books amid setbacks at big-name banks such as Wells Fargo.

U.S. financial services firms should be paying close attention to the innovative Pix Credit system that is displacing consumer credit cards in Brazil.

A two-day exploratory seminar at an insurance company set a teenaged Kimberlene Matthews on a path to becoming an actuary.

Ashley O'Neal joined Midwest BankCentre in 2018 and currently has two regional managers working for her and a total of 77 retail employees in her organization.

Aileen Thomas oversees the six-member consumer bank product management team, which includes consumer and business banking: deposits, home equity and personal lending, debit and credit cards.

Alli Yttreness started in domestic anti-money laundering oversight at U.S. Bank and moved up quickly to a senior vice president and senior director of financial crimes, fraud and compliance. 

Michaela Diverio started her career in finance in 2007, and joined Barclays in July 2020 and runs the consumer and retail equity capital markets desk.

Before joining the $211 billion-asset Cincinnati bank, Jessica Faris had been practicing family law.

 As the national sales manager at BMO, Melissa Garcia is responsible for directing national sales efforts of more than 1,000 retail branches.

Banks are bracing for tougher requirements on operating subsidiaries in the U.K. as regulators debate how to best protect against financial contagion from failures abroad.

The nation's second-largest bank has weathered the Federal Reserve's rate hikes better than many others, but it's still at the central bank's mercy as deposit pressures continue.

Outgoing CEO James Gorman, who is set to become the investment bank's executive chairman, said he has no plans to ditch virtual annual meetings. He also argued that earnings should be reported twice each year, rather than quarterly.

More than two-thirds of Citi's U.S. commercial clients are using the platform, and a global rollout is next.