The Latest

KPMG said Webster did not properly document a change in the way it calculates its provision for loan losses. The bank does not expect to restate its results or incur any meaningful increase in costs because of the problem.

Consulting firm’s aim is to proactively connect credit unions with consumers.

A Federal Reserve proposal to set higher capital requirements for certain physical commodities may contravene Congress’ intent by making possession of those assets financially untenable, financial groups claim.

NuMark staff earn top honors, four execs promoted to C-level and other CU professionals in the news.

Todd Mason, a former Michigan league VP and a leader in the indirect auto lending space, is set to take over once longtime president and CEO John Murphy retires in June.

Eleven senators sent a letter to Attorney General Jeff Sessions asking him not to enforce federal pot laws in states that have legalized marijuana.

Bank blockchain leaders say the technology is solid and privacy's been solved mostly. They’re focused now on integration, collaboration and saving money.

JPM's Marianne Lake looks forward to a relaxing of regulations; Mary Callahan Erdoes emphasizes robo-advice limitations; Alice Dittman of Cornhusker Bank shares philosophy on building trust with customers; and more.

Downward pressure on Canada’s bank fees continues, as Bank of Montreal this week announced it’s eliminating fees for Interac e-Transfers for all customers with Canadian checking and premium-rate savings accounts.

Any money laundering investigation could ultimately entangle banks that have done business with President Trump and his various firms over the years.