The Latest

The Consumer Financial Protection Bureau is appealing a lower court ruling that the agency exceeded its authority in bringing an anti-discrimination enforcement action against a Chicago mortgage lender after he made disparaging remarks about Blacks and Hispanics.

Remote work trends and high interest rates have substantially reduced the values of U.S. office buildings. A new academic paper estimates the extent of the deterioration, suggesting that there is perhaps more stress ahead for banks than is widely anticipated.

The $225 billion-asset Citizens Financial Group has partnered with the fintech Pinwheel to streamline the process for new account holders to switch the direct deposit of their paychecks from their old banks.

Left-leaning shareholder groups are asking JPMorgan Chase, Goldman Sachs and other large asset managers to explain a recent decline in their support for certain environmental and social policies at public companies.

Sen. Elizabeth Warren, D-Mass., and other Senate Democrats urged the Office of the Comptroller of the Currency to rescind regulations or guidance that contradict the way Dodd-Frank says the OCC should deal with state consumer protection rules.

Two frontrunners have emerged as possible successors to the long-serving CEO, but even more potential candidates wait in the wings.

The head of U.S. business banking at BMO discussed what small businesses need with American Banker Editor-in-Chief Chana Schoenberger in the Leaders Forum.

The top five community banks averaged a return on average assets of 7.14% as of June 30, 2023.

The Fed's Basel endgame draft rule would restrict access to capital and credit on Main Street.

Alex Holmes talks about money transfers, the tough economy and the role of crypto wallets in the firm's future.