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The large core banking software vendors are already criticized as large and slow-moving. Consolidations like these are only likely to make them more so.

The numbers behind Fiserv's deal to acquire First Data are huge, particularly considering each company's existing tonnage still makes consolidation the best play when faced with nimble fintechs and mobile startups.

Kerry Parker, the Austin, Texas-based credit union's current CEO, expects to retire around midyear.

Bank of America CEO Brian Moynihan and his fellow executives said they see nothing to suggest a slowdown is imminent. Their outlook was far more upbeat than that of JPMorgan chief Jamie Dimon.

Credit unions in Idaho, Oregon and Washington gave a $603 million direct financial benefit to members, according to a new report, which also showed membership growth outpacing population growth in much of the region.

Some in the industry worry the Fed may balk at allowing OCC charter recipients into the payments system, but Otting downplayed those concerns.

Sen. Elizabeth Warren questioned the five largest U.S. retail banks in a letter on what they are doing to reduce the impact of the government shutdown on customers.

Deutsche Bank's key regulators would prefer the lender merge with a European rival rather than local competitor Commerzbank, setting them apart from forces in the government keen on an all-German deal.

American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit.

The Dallas company beat earnings estimates even as it reported declines in deposits, total loans and fee income.