The Latest

The rally in bank stocks since Donald Trump's surprise victory in November has minted a new billionaire banker ahead of Friday's inauguration: M&T Bank CEO Robert Wilmers.

Veteran CEO will step down after 20 years with the $217.9 million CU, 13 of them as CEO.

Royal Bank of Scotland is considering taking a multi-billion dollar charge in the fourth quarter for a U.S. mortgage securities probe that would give an indication of the size of the full settlement.

The New York bank weathered headwinds in its taxi-medallion portfolio to post double-digit growth in earnings and net interest income during the fourth quarter.

Strong growth in commercial and CRE lending also led record to interest income in the quarter.

It should surprise no one that the cybersecurity rules regulators are drafting are simplistic and written in one size to fit all.

The Cleveland company also had a record quarter for its investment banking business.

House Republicans charge CFPB director broke federal law in effort to fire him; consulting firms total the costs and savings from technology; German chemist finds the secret behind money's aroma.

Profit surged at BB&T in Winston-Salem, N.C., during the fourth quarter, driven by various acquisitions and growth in business lending.

Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Twitter's ending buy buttons; faster pay gets close in Europe; "no ticket' train in the U.K.; fingerprint debit issuance hits Saudi Arabia.