The Latest

M&T Bank's second-quarter profit improved thanks to a lower loan-loss provision and other factors.

League seeks to capture untapped markets, raise awareness and increase growth through various tools to assist member CUs.

The World Council of Credit Unions announced that it has elected Daniel Burns as chair of its board of directors, succeeding Anne Cochran.

More big banks are committing to their digital wallet strategies, creating the opportunity to extend their brands into new realms as payments and shopping go mobile under their own brands—but there are some notable holdouts.

A senior manager at HSBC was arrested in New York for his role in a conspiracy to rig currency benchmarks, according to two people familiar with the matter, becoming the first person to be charged in the Justice Department's three-year investigation into foreign-exchange rigging at global banks.

With military service members becoming particularly vulnerable to predatory lenders in recent years, the National Credit Union Administration and the Federal Trade Commission will be providing information to empower service members, veterans and their families to be informed consumers in an upcoming #NCUAChat.

The industry-led EMV Migration Forum is changing its name and expanding its focus to accommodate the myriad changes that are happening alongside the move to chip cards.

Webster Financial's investments in its Boston expansion program and HSA Bank subsidiary contributed to an 11% increase in noninterest expense. However, the spending spike was more than offset by 10% loan growth and record noninterest income at the Waterbury, Conn., company.

Establishing a set of standards of practice for chief risk officers and others would help benchmark the quality control for managing risk in the financial services industry.

Fallout from Republican Shot at Big Banks