Finance

Citigroup spent years reeling in customers with promotional rates, many of which have expired or soon will. The bank thinks it can keep a large number of those customers and make more money off of them.

Barred by regulators from adding assets for at least another six months, the bank has only one main lever to pull to boost returns.

Federal regulators shuttered the institution, which had just $3 million in assets, after it became insolvent with no viable path forward.

A sullied reputation and frustrations with bureaucracy have driven some advisers to the competition.

The largest U.S. bank's strong third quarter did not insulate its leaders from being pressed about the downside of pricey investments in technology, whether capital rules make commercial lending growth hard for big banks to achieve, and whether another economic downturn is edging closer.

A $245 million funding round for the payments processor Stripe contributed to heavy venture capital investment in the third quarter.

Double-digit gains in interest and noninterest income more than offset higher deposit, compensation costs.

Wells Fargo & Co. hasn’t yet fixed all of its problems, but at least it stopped its revenue slump.

The interest-rate moves stoking President Donald Trump’s ire are also fueling Citigroup Inc.’s profits.

JPMorgan and Citibank post better-than-expected results; Adding workers and promoting its charitable efforts, the bank hopes to win favor.

The biggest U.S. bank leaned on old-fashioned lending in the third quarter to weather a slump in fixed-income trading.

The Montana company will spend $200 million to buy Idaho Independent and Community 1st Bank.

Companies founded by women receive significantly less than the venture capital available to all U.S. firms, but trends are improving for all startups this year, including for women-owned fintechs.

Efficiency gains also drove results at the Kansas City, Mo., company.

The company agreed to buy Mainland Bank for nearly $20 million in stock.

The company’s stock plunges after Sarah Friar’s departure announced; the bank said it unintentionally withheld mortgage discounts from minority borrowers.

The third interest rate increase of the year could have a significant impact on banks' lending, deposit gathering and even M&A decisions. Here's what to expect.

Mike Cagney’s current venture, Figure Technologies, is offering consumers the ability to apply online for home equity loans and get funding in as little as five days.

CIT Bank and Simple recently started offering higher yields on the condition that customers make regular contributions to savings. The offers are designed to help the banks avoid rate wars, but some analysts question whether they will appeal to enough consumers.

Getting companies to share fraud fighting intel is a tough game, but Forter has played it well enough to draw a fresh round of funding to boost the Israeli fintech's profile in the U.S.