The Latest

Duane Crisco will take the reins next month, succeeding Robert Aresti, who is retiring after 26 years at the credit union.

Jefferson Financial in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. It could also embolden other credit unions to pursue similar fundraising efforts.

BigCommerce has added PayPal Credit as a payment option for merchants using its e-commerce platform.

Garmin International’s newest smartwatch now supports contactless payments through a partnership with Fit Pay Inc.

UBS Group AG, the world’s largest wealth manager, isn’t prepared to make portfolio allocations to bitcoin because of a lack of government oversight, the bank’s chief investment officer said.

The report’s authors presented findings that seemed to reflect issues with the peer-to-peer lending industry, but they actually relied on data from a much broader category of loans.

Michael Lewis calls it a "pump-and-dump" scheme. Liz Ann Sonders says it's "the next kale." Should clients invest in cryptocurrencies?

Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc.

The credit union has agreed to buy State Bank of Georgia in Fayetteville.

The Treasury Department outlined its vision Friday for how and when federal agencies should use their powers to subject nonbanks to enhanced regulatory scrutiny, emphasizing activities over individual firms.