State Street Corp. said it’s laying off 1,500 staff as part of a plan to reduce costs.

The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.

Dimon’s pay package included $24.5 million of restricted stock tied to performance, an annual base salary of $1.5 million and a $5 million cash bonus.

Institutions across the country have announced new additions to their staffs and have recongized outstanding work by employees.

During the National Credit Union Administration's monthly meeting on Thursday, Chairman J. Mark McWatters noted that the agency was making progress on hiring more women and minorities.

The parent of Bell Bank said that the pending sale of Discovery Benefits is not a prelude to selling its bank.

Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.

The online student lender said it is reallocating some jobs and "sunsetting" others.

The new chair of the House Financial Services Committee has an ambitious set of priorities, but newly elected progressives could set up a conflict with more moderate Democrats on the panel.

The bank also reported that, among its U.S. employees, people of color earn 7% less than their white colleagues.