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BofA Won’t Say 'Brexit'; HSBC Dinged for AML Lapses

State Street has agreed to buy General Electric's asset management unit for as much as $485 million.

Wells Fargo has agreed to pay the state of California $8.5 million to settle a probe into its failure to tell consumers it was recording their calls.

Treasury Secretary Jack Lew warned Wednesday that over using economic sanctions could saturate their potency, driving commerce away from the U.S. and threatening the U.S. dollar's status as the world’s reserve currency.

BMO is betting that newly popular biometric authentication options can solve an age-old problem—the headaches business travelers face when managing smaller expenses.

In the coming years, biometrics will be the leading security metric to protect payment systems, but a single ultra-hack could derail this progression permanently.

WASHINGTON — Congress should consider streamlining the financial regulatory structure and give the Financial Stability Oversight Council broader authority to respond to systemic risks, according to a Government Accountability Office report published this week.

Federal Reserve members, including Chair Janet Yellen, suggest that future rate hikes will be less often and less aggressive than industry insiders predicted.

A former staff attorney with New York's city government has been named the top lawyer for the New York State Department of Financial Services.

NCUA named liquidating agent and Public Service Credit Union assumes members, assets, loans and shares of small Detroit institution.