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Investment banking fees at Citigroup plummeted 64% in the third quarter, the company said last month.

UBS Group's Frankfurt and Munich offices are being searched by prosecutors as part of a money laundering investigation linked to the sanctioned Russian oligarch Alisher Usmanov, people familiar with the probe said. 

USAlliance Federal Credit Union in Rye, New York, has agreed to merge with Marriott Employees' Federal Credit Union in Bethesda, Maryland, to create a nearly $3 billion-asset organization.

At our Most Powerful Women In Banking conference, the athlete, entrepreneur and pay equity advocate Venus Williams discussed how to create a more diverse and equitable workforce, as well as how a confident mindset is the key to winning in sports, business and life.

U.S. credit card balances surged to a record in the third quarter as banks bet that consumers with less-than-stellar credit will be able to handle more debt. 

Atlanticus is testing a debit card that converts to a credit card within three months if customers demonstrate financial responsibility.

JPMorgan Chase agreed to settle a dispute with a London trader it fired during a spoofing probe and then refused to rehire after a judge said the investment bank had to give him his job back.

Bank loans to private equity, mortgage companies as well as other lightly regulated — and increasingly volatile — industries have soared in recent years. The central bank says it needs to know how leveraged those borrowers are and how much risk they pose to the banking system.

Average deposits at the Northern California bank are expected to decline again in the fourth quarter as startups' spending outpaces the venture capital investments they raise. CEO Greg Becker acknowledged the near-term headwinds but said the bank's fundamentals remain solid.

Both sides in the litigation over 2012 Federal Housing Finance Agency amendments to stock purchase agreements say they're weighing their options.