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The head of the central bank declined to provide more specifics on efforts to simplify the ban on banks’ proprietary trading.

The Springfield, Vt.-based institution is the latest CU to cross a neighboring border, as a number of other institutions have looked to expand their reach

Democratic lawmakers made clear at a hearing Wednesday that they do not intend to abandon the issue following the GOP's repeal of regulatory guidance last year.

Shelley Seifert had been the bank's chief operating officer.

It is comfortable with the deal for MidSouth despite the seller's lingering credit issues, given a shared history and the opportunity to add low-cost deposits.

It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn’t be better.

Mastercard’s board is pushing back against an activist group’s calls to create a board-level human rights committee to track potential transactions involving extremist organizations.

To fuel growth, Apple's mobile wallet needs to go beyond its core use cases of NFC and in-app payments. Apple Pay's latest project leans more heavily on NFC to do work typically handled by apps.

The North American banking giant is making a gradual yet concerted effort to migrate applications to Microsoft’s cloud, but there are still sensitive operations and pieces of data that it’s holding back on for now.