The Latest

Mary Mack will step down as head of Wells Fargo Advisors in order to take on a bigger role in overseeing the company's Community Banking unit. Mack is replacing Carrie Tolstedt, who is retiring after 27 years at the San Francisco-based company.

KeyCorp has received the Federal Reserve Board's approval to buy First Niagara Financial Group. The $4.1 billion deal is expected to be completed on or about Aug. 1.

Starbucks Corp. is taking its highly success mobile payment app into China, a country in which consumers have quickly adopted mobile payment methods.

The debate over Rep. Jeb Hensarling's bill to overhaul the Dodd-Frank Act is increasingly focusing on widely different philosophies about capital regulation.

The National Credit Union Administration will host a free marketing and social media webinar on August 10 at 2 p.m. EST, entitled “Marketing -- Effective Use of Social Media.”

Despite recent controversy over Tesla crashes, the march toward autonomous driving technology continues. And that means big changes for auto lenders.

The $25 billion-asset company said in a press release Tuesday that BankUnited Small Business Finance is now making loans in Ohio, Washington and Wisconsin.

A couple of years ago, the activist investor Joseph Stilwell said Anchor Bancorp in Lacey, Wash., deserved more time to try to right itself. Apparently he thinks that time is up.

Banks with a special focus, such as social equality or environmental sustainability, have to overcome additional hurdles while looking for an acquisition.

A quick look at who’s climbing the credit union ladder.