The Latest

Fifth Third Bancorp has confirmed that it offered some of its employees buyouts to reduce costs.

Banc of California in Irvine has agreed to sell its wholly owned investment adviser subsidiary, The Palisades Group.

A proposed class-action lawsuit accusing collection agency LVNV Funding and law firm Eltman Eltman & Cooper of abusive collection practices can proceed, a federal judge has ruled.

When JPMorgan Chase recently launched a new website, Gavin Michael, head of digital for consumer and community banking, credited much of the success and speed (it took 18 months) of the project to the bank's recent migration to agile development.

Rising home values continue to provide consumers with a strong incentive to keep up with their home-equity loan payments.

Charlie Hallinan, who pioneered the tactics payday lenders have used for years to stymie state regulators, was indicted on federal conspiracy and fraud charges.

The U.S. government panel that decided MetLife was too big to fail erred by not evaluating the insurer's vulnerability to financial distress, according to the federal judge who rescinded that designation last week.

The Alabama Senate has voted in favor of legislation that would extend payday loan repayment periods to six months.

The ringleader of an identity theft scam that stole more than $457,000 from bank customers in New York will serve between 10 and 20 years in prison following his conviction on 15 counts - including grand larceny charges.

Regulators and lawmakers must exercise healthy caution before granting fintech firms preemptive powers via national bank charters or otherwise.