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The New York bank was burned by a core replacement project that failed in 2011. This time it's using its PurePoint unit as a test lab and co-developing the software.

The Supreme Court appointed Paul Clement to represent the agency after the bureau’s current director questioned its constitutionality.

The New York bank said Wednesday that its first-ever credit card has brought in nearly $2 billion of loans in less than six months.

In the year since it voluntarily disclosed its own data, Citigroup has shown an improvement in its median pay for female and minority employees, the firm said Wednesday.

A tough fourth quarter seemed to foreshadow challenges in the year ahead for the nation’s fifth-largest bank.

Mastercard is partnering with issuer processor EML and technology startup CleverCards to allow any business to send digital Mastercard payment cards directly to an employee’s or customer’s mobile wallet by SMS/text, email or any messaging app such as WhatsApp.

NatWest is partnering with prepaid card and business expense management provider Soldo to provide loans and working capital directly to Soldo's prepaid card users.

The credit union has returned payouts of $5 million or more for each of the last eight years and has issued a dividend of some sort every year since the mid-1990s.

Brian Moynihan said banks must be mindful of pricing and risk as they contend with lower yields on loans and securities.

CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.