Finance

Overall net income rose 8% to $4.13 billion as cost control helped overcome shortcomings in global consumer banking profits and bond trading revenue.

An increase in corporate loans, the highest lending margin in four and a half years and record profit in asset management helped the lender top analysts’ estimates and offset trading and other challenges.

A 38% increase in new loan originations led to another quarter of record earnings.

Hackers accessed driver’s license data on nearly 11 million people, the company says; the rally in bank shares may sputter out if third-quarter earnings reports disappoint.

Canadian startup Payment Rails, which aims to use APIs, blockchain and artificial intelligence to find efficient routes for cross-border payments, has closed a seed round bringing funding for its concept to $1.1 million.

Bill.com's efforts to crack one of the last bastions of paper checking with automation has drawn a fresh $100 million investment round.

Demand for commercial loans has been weak for much of the past year and among the big questions bank executives will face this earnings season is when they can expect the pace to finally pick up.

CFPB Director Richard Cordray is using the Equifax breach to suggest the CFPB be given power to examine credit reporting agencies for potential cybersecurity lapses.

The Treasury Department is expanding its calls for overhauling regulation of the financial services sector, this time focusing on changes to the most significant rules surrounding securitization and derivatives.

Facing persistently low loan yields, increased competition and higher regulatory costs, many community banks are at risk of becoming irrelevant unless they rethink their business models.

The company, which is still recovering from two recent hurricanes, said it will voluntary comply with several key restrictions that were in the 2010 written agreement.

Metropolitan in N.Y. plans to use its IPO proceeds to fuel CRE and commercial loan growth

The Louisiana company also set aside funds to cover efforts to settle litigation tied to its mortgage business.

One of the missteps in banks’ attempts to build productive sales and service cultures is overemphasizing sales processes and tactics while underappreciating product knowledge.

Researchers in Sweden found that venture capitalists often use unflattering language to describe female entrepreneurs. That could explain why women’s applications for funding were rejected more frequently than men’s.

On Jun. 30, 2017. Dollars in thousands.

The company, founded by musician Jack Conte about five years ago, allows fans to give creators a steady paycheck to create new content, and it's a clear hit among certain communities. But by severing the clear link between product and payment, it has also created some unprecedented issues.

Readers comment on the ripple effects of the Equifax breach, who benefits from the CFPB's final arbitration rule, gender-related issues in financial services, and more.

Five steps to increasing staffers' confidence -- and, in turn, boosting the bottom line.

Washington Federal has pulled its application to buy Anchor Bancorp after regulators flagged issues tied to its BSA systems and processes. The companies said they remain committed to the deal.