Finance

Liang is currently a senior fellow at the Brookings Institution in Washington and previously led a Fed board division in charge of financial stability policy and research.

The New York company said Wednesday that the new group will provide loans and other services to early-stage, consumer-focused companies.

The report from an advocacy group that focuses on college affordability says that schools need to do a better job of educating students about their eligibility for federal loans, which typically carry lower interest rates than loans from banks and other private-sector lenders.

The changes mandated by the recent regulatory relief law would narrow the definition of "high-volatility commercial real estate" exposures that get a higher risk weight.

Organizers of Watermark Bank aim to open early next year.

SynapseFI is engineering banking to work as digital parts that connect so easily an amateur developer could potentially build a functioning bank.

The Delaware company said it recouped nearly two-thirds of the costs it incurred as part of a legal settlement reached earlier this year.

The broadening of JPMorgan's Sapphire Reserve brand is emblematic of the niche expansion megabanks must rely on since bank M&A is not an option.

Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application.

The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.

A new venture capital firm hopes will differentiate it from other fintech investors by taking a more hands-on approach.

The Federal Housing Finance Agency issued a proposal Wednesday that would require mortgage giants Fannie Mae and Freddie Mac to align their policies on cash flows for current mortgage-backed securities, and eventually for a uniform security when it is implemented next year.

The Tennessee regional said the sale should boost quarterly profit by $160 million.

Credit union advocates shattered records with the number of comment letters they sent the regulator when its original risk-based capital proposal was issued, but a revision proposed last month garnered just 37 responses.

Housing finance reform is still likely years away, but a growing chorus of lawmakers say the government guarantor has the ability to clear the path to a final plan.

Early adopters took digital mortgages from concept to reality. What will it take for everyone else to catch up?

The popularity of technology-driven international transactions are making their way to TransferWise's balance sheet.

Product diversification has boosted Revolut's valuation, and will make or break the company as it battles myriad competitors and a challenging geographic expansion.

A community bank in Pennsylvania made up its own holiday of sorts — including a product demonstration and a 1982 DeLorean reminiscent of "Back to the Future" — to encourage bank customers to try out new fintech features.

Initial coin offerings have become controversial enough for the SEC to weigh in. And even though the commission has not announced a clear stance, technology investors are noticing a difference in its actions.