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The payments firm is staffing up as it accelerates its expansion in the U.S., and anticipates a pool of available tech workers.

The bill would apply banklike money laundering laws and regulations to a wide range of cryptocurrency firms.

The Federal Deposit Insurance Corp. has proposed a rule to modernize representations of insured deposits and finalized guidelines for appeals of material supervisory determinations.

The acquisition of Malvern Bancorp in Pennsylvania would provide added heft in suburban Philadelphia markets. It is easily First Bank's largest-ever M&A deal.

The Wyoming-based digital-asset bank wants more information about why a decision on its two-year-old application for a master account has been delayed. But U.S. District Judge Scott Skavdahl ruled that the central bank won't have to turn over everything Custodia sought.

HSBC Holdings will no longer finance new oil and gas fields or related infrastructure in a move that climate activists say puts it ahead of many peers in addressing global warming.

As global banks from Credit Suisse to Goldman Sachs prepare for a fresh wave of job cuts, HSBC is going on the offensive.

Bermuda launches a stablecoin; Canada cracks down on crypto; big banks make high-profile payment appointments, and other news.  

The FHFA should focus on the facts as it ponders the future of the Federal Home Loan Bank System.

The credit reporting firm said credit card and personal-loan delinquencies are likely to rise in 2023 to the highest in a dozen years, with lenders cutting back on originations as a potential recession looms.