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A female Commerzbank manager who was described by her manager as having an "unhealthy obsession with work" won her sex discrimination claim for a second time.

Following an outcry, the Philadelphia company said its chairman and CEO, Harry Madonna — who would receive a $1 million windfall if the bank is sold — won't be part of the strategic review committee set up to evaluate any bids.

The Bank of England's stress tests are meant to provide an unlikely "tail risk" scenario designed to test the resilience of British lenders. The current U.K. market turmoil means this year's scenario is looking increasingly plausible.

The online lender approved Black applicants at lower rates than non-Hispanic whites, according to a law firm that monitors its artificial intelligence models. Upstart said it's an industry leader in fair lending but acknowledged room for improvement, calling disparities "an industry-wide challenge."

Buy now/pay later loans took off during the pandemic, but the market has gotten crowded. Now, lenders are seeking to set themselves apart with new audiences or business models.

Vermont State Employees Credit Union is attracting new cannabis clients so rapidly that it had to press the pause button to add staff. Another New England lender, Needham Bank, is building its own pot banking business through acquisition.

Bank of Nova Scotia's surprise pick of a CEO from outside its executive ranks is sparking a debate over whether major changes will result at Canada's third-largest lender.

Reports of the death of branch banking have been greatly exaggerated.

The bank will use the deal to bolster the digital services that it sells to hospitality clients.

A new proposal calls for systemically important transaction clearing firms to update their practices on handling risks related to cyberattacks and climate change.