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The House passed the legislative package, which includes an excise tax on stock buybacks, in a 220-207 vote.

Through unconscious bias assessments, analysis and industry partnerships, financial institutions are working to meet the diverse needs of current and future talent.

The Pittsburgh-based company is no longer assessing NSF fees to customers whose accounts don't have enough money to cover certain transactions. It is the latest bank to revise portions of its overdraft policy amid a raging debate about the fairness of such charges.

A group of Democratic senators led by Elizabeth Warren is redoubling efforts to get Wall Street's main regulator to clamp down on executives' ability to use inside information to make well-timed stock trades. 

Mitsubishi UJF's direct lending move, a fintech capital raise and more in banking news this week

Banks such as FNBO and Ally Financial have taken to the social media channel to appeal to younger customers.

The West Virginia bank said its acquisition of Integrated Financial Holdings in North Carolina would give it SBA and USDA lending teams that have originated more than $1 billion of loans since 2018.

Ukraine is calling on President Biden's administration to sanction all Russian private banks to help end President Vladimir Putin's ability to wage war, according to Kyiv's envoy to Washington.

Mastercard is facing pushback from retailers over a new product that allows customers to pay off their purchases in installments. 

An alternative metric might have led the Federal Reserve to take earlier action against rising prices.