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Federal Reserve officials quietly tightened internal restrictions on employees' political activities after several reserve banks ran afoul of Congress over real or perceived engagement on issues within the domain of elected officials.

The group, led by Senate Banking Chairman Sen. Sherrod Brown, said nonperforming loans sold to single family housing rental businesses or private equity firms results in the displacement of homeowners.

While most distributed denial-of-service attacks against U.S. banks and credit unions result in little to no disruption, they can chip away at reputations if left unchecked.

The bank, which is beleaguered by digital-asset portfolio forced loan charge-offs that led to a loss in the third quarter and for the full year, climbed to a net income of $2.7 million for the fourth quarter.

A plan released Wednesday by the Consumer Financial Protection Bureau was more aggressive than anticipated, leading to share price declines at Synchrony Financial, Capital One and Bread Financial. "This skews toward the worst-case scenario," one analyst wrote.

In a reversal from five years ago, six of the eight biggest U.S. banks by branch count now offer the loans, which observers see as safer alternatives to payday loans.

Twitter signals plan for payments, Barclays opens banking pods as a branch alternative, and more. Here's what's happening around the world.

Economic woes have driven more consumers to disavow legitimate card purchases via "friendly" fraud, but new card-network guidelines could help merchants fight back — and leave more issuers on the hook.

A judge said he would approve Deutsche Bank's $26.3 million settlement of a lawsuit that accused the bank of misleading investors about how thoroughly it vetted clients, including Jeffrey Epstein and Russian tycoons.

The current interest rate environment advantages banks over their fintech competitors. That can't be allowed to stifle invention.