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Wells Fargo left Chief Executive John Stumpfs compensation for 2015 unchanged at $19.3 million.
March 16 -
In what has become almost a grim ritual, Consumer Financial Protection Bureau director Richard Cordray faced a barrage of hostile questioning from Republican members of the House Financial Services Committee, who hammered him over everything from payday lending to regulatory relief for small banks.
March 16 -
Guaranty Bancorp in Denver has agreed to buy Home State Bancorp in Loveland, Colo., for $133.7 million in cash and stock. The deal is expected to close in the summer.
March 16 -
American Express has filed a notice with the Attorney General in California, informing some of its cardholders that their account information may have been compromised.
March 16 -
Federal Reserve Chair Janet Yellen said Wednesday that the raft of rules and regulations brought on by Dodd-Frank and other international agreements since the financial crisis have made the banking sector and the public safer, but she said work to make those changes apparent to the public is continuing.
March 16 -
While the $1.9 billion of bonds are not guaranteed by the government, most of the underlying loans could have been sold to Fannie and Freddie, and the transaction accomplishes the same thing as the GSEs' risk-transfer deals.
March 16 -
Members of a House Energy subcommittee had many basic questions for technologists, entrepreneurs and legal experts testifying at a hearing on digital currency.
March 16 -
Thames Card Technology Ltd. is providing the plastic payment card production for startup "challenger bank" Mondo in the U.K. to test a debit card paired with a mobile banking app.
March 16 -
The chairmen of the House and Senate banking committees appear to agree that banks that hold higher capital should get a significant break on other regulatory requirements. But the odds of enacting a bill this year remain long.
March 16 -
The increasingly troubled sector often draws comparisons to the subprime mortgage market of the 2000s. But the more apt analogue is the auto-lending sector of the 1990s.
March 16







