The Latest

Citigroup chairman Michael O'Neill said he's "agnostic" about keeping chairman and chief executive officer as separate roles and directors will consider Mike Corbat to be his successor.

The Seattle company has faced criticism from an investor over its commitment to the business, which lost money in the first quarter.

A pair of credit unions in North Carolina and Florida – separated by nearly $2 billion in assets – have formed an alliance to share advice, support, best practices and innovations.

The timing is right for Congress to act sooner rather than later, defining what Is legal and establishing regulations, writes Cathy Beardsley, president and CEO of Segpay.

The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected.

The two credit unions have combined assets of more than $115 million and serve nearly 16,000 members.

The Cincinnati bank reported strong profits, but its efforts to lower credit risk curbed lending as expenses rose in the first quarter.

No individuals have been named in connection with the bank’s recent misdeeds, which resulted in a $1 billion fine, even as some senior leaders stand to gain from the government’s tax cut.

Amazon.com Inc. has partnered with General Motors Co. and Volvo Cars to deliver packages to car trunks in 37 U.S. cities, as the e-commerce giant seeks new delivery methods for customers who may be wary of leaving packages outside or allowing couriers into their homes.

Double-digit consumer-loan growth more than offset a decline in commercial real estate loan balances.