The Latest

In a strongly worded memo to staff of the Consumer Financial Protection Bureau Tuesday, acting Director Mick Mulvaney indicated the bureau will value the concerns of companies it regulates to the same extent as consumers.

SoFi's experience shows that the most prominent names in fintech, while generating massive financial support, still operate in a very volatile world.

A plan by the largest U.S. bank to use part of its tax windfall to enter new markets (including Washington and Boston) could become a serious threat for banks of all sizes in those cities — or looked backed upon someday as a pricey overexpansion.

The Oregon company's commercial and consumer lending grew even though fee income declined sharply.

Consumer lending was a bright spot, but a series of one-time charges, capped by a writedown on its deferred tax assets, led to a nearly $1 billion loss.

The company plans to move into more retail payment processing as part of a broader diversification strategy that includes the acquisition of Cayan.

Senators overwhelmingly approved Jerome Powell to lead the Federal Reserve Board despite vocal opposition from some Democrats.

The Michigan company's earnings, excluding one-time items, increased meaningfully after it cut operating costs.

The New York company recorded more than $130 million of expenses tied to its October purchase of Astoria Financial.

One new chief plus four new vice presidents at one credit union, plus a bevy of promotions, new hires and special recognition across the industry.