The Latest

Angel Medina has been promoted to chief executive at Gibraltar Private Bank and Trust in Coral Gables, Fla.

National Australia Bank will soon introduce several upgrades to its mobile banking app, including a feature that lets customers pay with Visa cards through the NAB app.

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.

The revelation of widespread fraud at Wells Fargo branches suggests that no matter how well run a large bank appears to be, it can't detect systemic problems within its own ranks.

Credit union professionals and economists debate the Federal Reserve's next interest rate increase.

CIT Group in Livingston, N.J., has named HSBC executive Stuart Alderoty as its new general counsel.

The number of banks experimenting with blockchain projects — or joining blockchain conglomerate initiatives — is growing by the day. In this report, we analyze the nascent use cases of financial institutions experimenting with distributed database technology, one of the most talked-about innovations in financial services. The initiatives of JPMorgan, IBM, UBS, Goldman Sachs, Bank of America, the DTCC, Nasdaq, Royal Bank of Canada and Deutsche Bank are among those discussed in detail.

When a mobile banking vendor told a San Antonio Federal Credit Union it didn't have the capabilities it wanted, the institution took a note from Facebook's strategy with Messenger and created a companion app.

Old Dominion National Bank in McLean, Va., has raised $20 million through a private stock offering.

The opening of its new 5,000-square-foot innovation lab marks a reaffirmation of the French bank's interest in blockchain technology. But that's just one of the research areas its people will be working in.