The Latest

Thomas Depping, who quit banking out of frustration with regulators five years ago, says Warburg Pincus' deep pockets will help him make Ascentium Capital a household name among small-business borrowers.

"If she can see it, she can be it." Geena Davis announces a new effort to encourage women and girls to enter financial services while speaking at the Most Powerful Women in Banking gala in New York. Her institute on Gender in Media will conduct research in partnership with American Banker and sponsored by Zions Bank.

Treasury Secretary Jacob Lew on Friday sought to reassure banks they would not be penalized for the unforeseeable consequences of their presence in certain foreign areas, a fear that has driven a trend called de-risking.

A bipartisan group of House lawmakers on the financial services panel introduced legislation Wednesday that would help banks remotely open accounts.

Mastercard has joined PayPal, Square, Stripe and a handful of banks offering “bug bounties” to volunteers willing to comb some of its websites in search of glitches.

Berkshire Hills Bancorp in Pittsfield, Mass., plans to accelerate its growth in upstate New York by opening regional headquarters in Albany.

It's been a tough year for farmers, and lenders are looking for ways to help those borrowers offset sagging income.

Earnings season is set to begin with a bang Oct. 14 when four of the six largest banking companies report. The next few weeks will likely bring a steady stream of lackluster commercial lending results, good news on energy and mortgage books and (thanks, Wells Fargo) a whole lot of scrutiny of cross-selling practices.

Apple Pay is steadily making its way around the globe, though it hasn't always had the full support of the major banks in each region. By the end of October, Apple Pay will be live in 10 markets.

The Consumer Financial Protection Bureau’s new regulation governing prepaid cards will disrupt consumer practices, drive up costs and wreak havoc on a fast-growing sector within the payments industry.