The Latest

Michelle Bowman, a former community banker and now the Kansas banking commissioner, was one of two Federal Reserve Board nominees announced by the White House on Monday. President Trump also nominated Columbia University Richard Clarida as vice chair.

On Dec. 31, 2017. Dollars in thousands.

Previously the head of commercial banking, Tory Nixon — also a former NFL cornerback — will now oversee the bank's digital strategy.

On Dec. 31, 2017. Dollars in thousands.

Coinbase Inc. purchased Earn.com, a business that allows users to get paid in digital currency when they respond to emails and complete certain tasks.

Lending, especially in some consumer segments, increased at Bank of America in the first quarter, and CEO Brian Moynihan expects that to continue this year. However, for market watchers skeptical about the industry's growth prospects, BofA's numbers may do little to change their minds.

Gemalto is working with Lebanon-based areeba to test a biometric contactless Visa EMV card in the Middle East that uses a fingerprint to authorize transactions.

New Resource Bank and P2Bi are splitting the risk and revenue associated with asset-based loans.

Gary Shook, who led Middleburg Financial before its sale to Access National, has become president of Blue Ridge's bank.

The world’s biggest maker of smartphones and semiconductors may use the technology behind cryptocurrencies to manage its vast global supply network.