The Latest

A credit union executive was among the 12 appointees to the Department of Housing and Urban Development's new Housing Counseling Federal Advisory Committee aimed at making counseling more accessible for new homebuyers and troubled homeowners.

Franklin Savings Bank in Franklin, N.H., has lured an executive from Florida to become its next chief financial officer.

Mandatory arbitration policies are gaining attention as one of the hurdles to gender parity in the financial services industry. Catherine Flax of BNP Paribas is part of a vanguard of female foreign currency traders on Wall Street, though they still stand out in the "bros' club." Is the CFO role the new 'women's' job? Also, Ally's Carrie Sumlin and Wells Fargo's Secil Watson are recognized as Digital Bankers of the Year.

The National Retail Federation wants the Federal Trade Commission to do more than merely check up on the companies that routinely assess merchants for compliance with the Payment Card Industry Data Security Standards (PCI DSS).

In what could bring major visibility to the emerging market for wearable payments, Visa today unveiled an NFC-enabled piece of jewelry it’s giving to 45 Olympic athletes on Team Visa.

The Consumer Financial Protection Bureau proposal could have included flexibility for banks to offer payday loan alternatives, but the plan misses the mark.

Federal Reserve Govs. Jerome Powell and Daniel Tarullo Thursday said they expect banks to have to meet significantly higher capital minimums after the central bank applies its capital surcharge rule for large globally risky banks to its stress test. That difference could significantly cost banks.

Novantas has acquired Chicago-based consulting firm Treasury Strategies.

Bank earnings fell by 2% in the first quarter, mostly due to higher loan loss provisions because of troubles in the energy sector. But there were other alarming signs — and some positive ones — in the FDIC's Quarterly Banking Profile report. Following are the most significant:

The Federal Deposit Insurance Corp. has reached a $190 million settlement with eight large financial institutions over residential mortgage-backed securities claims as the receiver of five banks that failed during the crisis.