The Latest

The agency's director said both steps will come as part of an ongoing review of agency rules and show her "commitment under the law to be effective and evidence based” in providing clarity to stakeholders.

The FDIC’s Quarterly Banking Profile said lackluster net interest income, likely resulting from lower short-term interest rates, drove a decline in fourth-quarter and full-year earnings.

Giving more Community Reinvestment Act credit to such partnerships will help low-income communities, despite industry concerns.

Cash may be sharing its place on the throne with other payment options, but is certainly not going away soon, says Cashmaster International's Gordon McKie.

Jennifer Piepszak, JPMorgan's chief financial officer, said the largest U.S. bank planned to borrow funds through the Federal Reserve's emergency lending facility in an exercise designed to break the stigma attached to that program.

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.

Three key Republicans on the Senate Banking Committee said Monday that they remain undecided on President Donald Trump's nomination of Judy Shelton to the Federal Reserve Board.

Michael Miebach was already a major cog in Mastercard’s digital transformation and dealmaking, a path that will take him to the company’s top job when current president and CEO Ajay Banga transitions to executive chairman at the end of the year.

Legislation introduced Monday would go beyond changes the National Credit Union Administration put in place last year and increase parity with state-chartered institutions.

Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.