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The Office of the Comptroller of the Currency is expanding efforts to encourage the development of new banking products, announcing Wednesday that it will establish an office of innovation to spearhead research and communication related to fintech.

The regulatory environment could be looking brighter for New York Community Bancorp as it is poised to cross an important regulatory threshold.

First Citizens BancShares reported a sharp decline in quarterly profit that largely reflected merger-related costs and the Raleigh, N.C., company's exit from loss-sharing agreements.

WASHINGTON – Sixteen Senate Democrats sent a letter to federal financial regulators on Wednesday asking them to strengthen a proposal to restrict executive compensation at financial firms.

Prosperity Bancshares' profit took a hit in the third quarter from lower yields on loans and higher expenses.

UMB Financial in Kansas City, Mo., has made changes to incentive compensation for its branch employees.

Ally Financial, one of the nation's largest automobile lenders, saw profits fall during the third quarter as more motorists fell behind on their car payments.

Third-quarter profits rose at Cullen/Frost Bankers in San Antonio, driven by a lower provision for problem loans.

A Florida man with ties to an illegal Bitcoin exchange that was allegedly used by hackers who targeted companies including JPMorgan Chase & Co. is scheduled to plead guilty to undisclosed charges Thursday.

Higher mortgage banking revenue and commercial real estate lending offset merger costs at United Community Banks in Blairsville, Ga., leading to an improvement in third-quarter profit.