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Only 15% of bank customers at Bank of America use its online investment platform, but the company expects that figure to increase as it opens branches in nine major cities.

The Senate Banking Committee approved the nominations of Richard Clarida as vice chairman of the Fed and Michelle "Miki" Bowman as a Fed governor.

The Virginia bank has submitted the paperwork for Carolina State Bank, adding to the list of groups looking to open the state's first de novo since 2009.

Merchants are interested in new payments technology, but there's still an understanding gap that keeps cash a viable option.

Users wishing to move holdings from, say, the Bitcoin to the Ethereum blockchain usually go to an exchange, and convert their Bitcoin into Ether. Along the way, they often pay sizable fees. Once interoperability becomes possible, some of these fees should disappear or decline

The agency proposed new minimum capital requirements for Fannie Mae and Freddie Mac that would only go into effect if the government ends its conservatorships.

Chief Administrative Officer Jane Verret will succeed CEO Dawn Harris, who plans to retire at the end of this year.

Subscribing to simplification at the expense of nuance is hugely counter-productive, and will alienate both existing and potential customers, writes Elina Mattila, executive director at Mobey Forum.

Whether banks knowingly work with marijuana businesses or not, they face risks as long as there are no federal clear guidelines in place. Congress must fix this.

Federal district court in Virginia finds plaintiff had so standing to sue – again.