The Latest

Amex posted third-quarter profit that beat analysts’ estimates and raised its full-year forecast for profitability.

Executives of at least a half dozen regional banks have spent time on earnings calls updating cost-cutting plans in great detail or defending selective spending increases — even when the extra dollars are supposed to save money or make more money in the long run.

WASHINGTON — Banks are generally seeing improving credit quality and loan demand across the consumer and industrial sectors, according to a report issued Wednesday by the Federal Reserve Board.

Credit unions across the country are doing the right thing in their communities – and they’ve got the pictures to prove it.

Banks are reacting positively to a sweeping new cybersecurity proposal from regulators, noting that it only targets the largest institutions and keys off of existing practices.

With older Americans living longer and many younger folks saddled with crushing student loan debt by the time they finish college, adults caught in the middle are being referred to as the “sandwich generation” because they are supporting both younger and older family members.

Small banks have limited resources to address cybersecurity, but more are turning to advisers and auditors to develop strategies that can keep them safe and compliant.

Credit unions may not face significant competition from Goldman Sachs’ entrance into consumer lending, but analysts say it should serve as a wake-up call for how CUs market personal loan products.

JetPay has received a fresh round of funding from payments industry veteran Larry Stone, who is joining the company’s board.

Psychological studies have found if people are given too many choices, they either do not make a choice, or they take a really long time to decide.