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The company has hired an investment bank to help it consider strategic alternatives, which could also include recapitalizing.

Upcoming changes to how banks report mortgage activity to the government will have an undeniable impact on Community Reinvestment Act exams, but regulators have been silent on how they will use the data.

Despite merger-related charges, the Cleveland bank's first-quarter profit climbed 63% as the addition of a million new customers led to strong gains in both interest and fee income.

Tencent Holdings Ltd. is shutting down a popular feature on WeChat that allows iPhone users to tip emoji and content creators to comply with Apple Inc.’s policy on in-app purchases.

EBay Inc. failed to sustain investor enthusiasm that its turnaround efforts were working, reporting sales growth that continued to lag behind the e-commerce industry and didn’t narrow the gap with giant Amazon.com Inc.

American Express responded to the stresses from the decline in cobrand business with record ad spending and a focus on digital delivery to lure new customers and expand relationships with existing accounts.

Contrary to many third-party payment providers' practice of pushing customers to lower-cost payment rails, Regalii wants its end users to pay their bills with credit cards. The goal of this arrangement is, of course, to make money for banks.

Credit unions have long been the beneficiaries of the Community Development Financial Institution grant program and are loathe to see it nixed.

First-quarter earnings at the Providence, R.I., company jumped 45% thanks partly to improvements in its net interest margin, 7% loan growth and stronger card and other noninterest income.

The card company reported flat billed business following two down quarters despite loss of Costco co-branded business; bank regulator faults its examiners for ignoring Wells Fargo problems as far back as 2010.