Finance

Federal regulators should amend a capital buffer requirements for certain derivatives to avoid economic damage.

The company has rolled out an online platform for firms considering marketplace loans as an asset class.

OUR Community Bank would focus on small-business loans with an emphasis on underserved Hispanic and Latino communities in South Florida.

MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.

A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.

The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.

The challenge with cash is its nature makes it hard to transition away from it. On the other end of the scale, digital-only businesses may never accept cash, meaning they may always exclude the cash-based consumer.

Community banks will likely face questions about mortgage lending, deposit gathering and M&A during earnings calls.

On Jun. 30, 2019. Dollars in thousands.

The decision is a blow to Facebook's digital currency plans; the reduction is the bank’s “most ambitious attempt to rein in costs in years."

Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.

Frustrated after being overlooked by mainstream financial institutions, organizers of the proposed Pagan Federal Credit Union are hoping to be chartered by the end of the year.

The company will use the funds to increase research and development efforts as well as expand its global presence.

When she was growing up, Thasunda Duckett's family used crates as furniture and struggled to buy groceries. Now she's become one of JPMorgan Chase's most visible executives, using the lessons of her past to help guide the company's massive branch expansion.

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey.

The company could raise as much as $158 million by selling shares to the public.

Oak HC/FT is the lead investor in a $100 million round in Rapyd, a company that’s designed to serve a complex international supply chain.

The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market.

With financial institutions relying more and more on cloud computing services, Washington is increasingly focused on the concentration of industry data in the big three technology giants.