The Latest

The crypto lender Genesis Global Holdco LLC is aiming for a relatively quick exit from bankruptcy court after collapsing under the force of a prolonged selloff in digital assets.

Speaking at an event hosted by the Council on Foreign Relations, Federal Reserve Gov. Christopher Waller said the Federal Reserve has a long runway for its balance sheet reduction.

Alaska USA Federal Credit Union, the 18th-largest credit union in the country by assets, said the new name better reflects its worldwide member base.

Banks worried about similar attacks against their own customers can use multifactor authentication and suspicious login detection to reduce risk.

The Ohio bank posted strong fourth-quarter earnings and, while it expects activity to ease some, it envisions continued strong loan growth in the year ahead.

Citizens snags exclusive Mastercard deal, Green Dot's e-bill-pay expansion and more in banking news this week.

The challenger bank will run a co-marketing campaign with the Eastern Shawnee Tribe of Oklahoma when it launches this spring and share interchange revenue with the tribe.

COVID-19 accelerated the adoption of more digital options for helping members. Now more credit unions are hoping that artificial intelligence can help reduce stress on frontline staff.

The digital-asset firm Nexo Capital will pay $45 million in penalties to U.S. federal and state regulators over allegations that it broke securities rules by offering a crypto lending product.

JPMorgan Chase kept Chief Executive Jamie Dimon's total compensation at $34.5 million for his work in 2022, a year in which the firm's profit fell by almost a quarter and the stock notched its worst annual performance in over a decade.