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The Canadian lender has held initial talks about an acquisition of BNP Paribas’s Bank of the West unit, according to people familiar with the matter. Bank of the West had a book value of about $13.7 billion on Sept. 30, according to FDIC data.

In attempting to advance a measure dealing with bank merger policy, the three Democratic board members at the Federal Deposit Insurance Corp. were really trying to "wrest control" of the agency, Chair Jelena McWilliams said in a Wall Street Journal op-ed.

Worker shortages at call centers and rising concerns about account fees may have contributed to the industrywide decline, according to the authors of a new J.D. Power study. Capital One, which scored highest, benefited from its strength in digital banking.

The Pennsylvania bank run by Sam Sidhu is updating its platform to support real-time payments for cryptocurrency companies and will offer embedded finance and banking-as-a-service to fintechs.

Morgan Stanley made sweeping changes to its employee benefits including increasing parental leave and allowing some employees to buy its stock at a 10% discount amid intense competition for talent.

Citigroup told staffers in the New York City metropolitan area to work from home again through the holidays if they are able, citing the recent rise in COVID-19 cases in the region.

The tax preparation company, which is building out its own financial services business, says Square's new brand "would improperly capitalize on the goodwill and consumer trust cultivated by [H&R] Block since 1955."

Experts discuss the latest ways firms are defining their value propositions and evolving their customer communications, experience and support.

Kabbage and other firms are extending credit to fund higher salaries at the small merchants that are struggling to hire new employees.

The Louisiana-based Home has agreed to pay $66.6 million for the $445 million-asset bank.