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Julie Stackhouse, head of supervision at the Federal Reserve Bank of St. Louis, discusses the insights that resonated at the regulator's recent community banking conference — some encouraging for the future of small financial institutions, others less so.

A bipartisan group of House lawmakers sent a letter to the Consumer Financial Protection Bureau on Thursday expressing concern about the agency's proposal to rein in payday lending and other short-term credit, warning it could hamper credit availability.

A bipartisan group of House lawmakers sent a letter to the Consumer Financial Protection Bureau on Thursday expressing concern about the agency's proposal to rein in payday lending and other short-term credit, warning it could hamper credit availability.

Tacoma, Wash.-based grant-writing firm CU Strategic Planning said eight of its clients were awarded nearly $13 million in the latest round of grants from the U.S. Department of the Treasury's Community Development Financial Institutions Fund.

A team of 24 credit union leaders and guests from across the U.S. visited Tanzania for the Educruise Africa Safari conference in August as part of a credit union development educator exchange trip.

KCB Group Ltd., Kenya’s biggest bank by assets, is in talks with companies including Facebook Inc., Apple Inc. and Alibaba Group Holding Ltd. about collaborating on digital payments through its new financial-technology unit, Chief Executive Officer Joshua Oigara said.

Shiv Govindan at Pilgrims & Indians Capital has kept a relatively low profile as a bank investor. But two key board appointments at struggling community banks promise to make him a more visible player in the industry.

Since Wells Fargo's settlement three weeks ago with federal regulators over charges thousands of employees opened up millions of fake accounts, the bank's troubles have only grown worse. Lawsuits by former employees have been filed, the bank's chief executive was subject to two disastrous hearings on Capitol Hill and lawmakers are opening calling to break the bank up. But it is the multiple investigations into the bank which may prove to be its toughest challenge. While some relate to the phony accounts, others touch on different issues — and they have been growing. Following is a look at investigations, recent settlements and other actions taken since the news broke in early September.

WASHIINGTON -- The Federal Deposit Insurance Corp. on Friday published its annual summary of insured deposits U.S. banks and thrifts.

Deutsche Bank AG jumped the most in almost six months after a media report that the lender is nearing a $5.4 billion settlement with the U.S. Department of Justice, less than half the amount initially requested.