The Latest

David Tyrie, the bank’s new head of digital banking, discusses plans to offer customers constant course corrections and its new Life Plan product, and the latest on the virtual assistant Erica.

Sen. Sherrod Brown questioned Stephen Moore's ability to make decisions at the Fed to benefit all Americans after calling two Ohio cities the "armpit of America."

Overall loan growth at the Tulsa, Okla., company was muted, however, as an increase in early paydowns lowered commercial real estate loan balances.

Sen. Sherrod Brown questioned Stephen Moore's ability to make decisions at the Fed to benefit all Americans after calling two Ohio cities the "armpit of America."

With Wirecard's value tumbling since a Financial Times report two months ago alleging an accounting scandal in its Asian operations — and a followup Wednesday reporting that half of its revenue comes from "three opaque partner companies" — the German payments processor received a lift from a €900 million ($1 billion U.S.) investment from Japan's SoftBank.

NatWest has started a three-month testing period of a payment card using biometric fingerprint for authorization with 200 customers, saying it is the first such card issued by a U.K. bank.

Marqeta has launched a digital banking solution for European fintechs and signed three customers to use it: Aplazame, Morning and Yapeal.

The company, which is planning to revamp its organizational structure, has seen a sharp increase in funding costs over the past year.

Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night.

JPMorgan Chase promoted 117 employees to managing director in its corporate and investment bank, with women representing a little more than a quarter of the total (a record percentage), a person briefed on the changes said.