The Latest

Earnings at Valley National Bancorp in Wayne, N.J., fell significantly in the fourth quarter, largely because of costs to pay off debt.

PayPal Holdings Inc.’s fourth-quarter sales beat estimates, reassuring investors concerned about the company’s prospects as an independent company amid mounting competition from Apple Inc. and Square Inc.

Centrue Financial in Ottawa, Ill., has agreed to sell three branches in Illinois.

Twitter's move to pluck American Express' top exec for digital partnerships as the social media network's first marketing chief was more than an executive reshuffle—it signals a new strategic direction for Twitter to double down on in-app e-commerce, some observers say.

CUNA Mutual Group has formed a partnership with the National Credit Union Foundation to develop marketing strategies for credit unions to connect with members of Generation Z.

Chargeoffs jumped 13% at the Dallas lender, and its warning that they could increase further because of deterioration in subprime auto lending set off alarm bells about the broader consumer finance market.

Alexandria, Va. – Twenty-two credit unions have agreed to pay civil monetary penalties for filing their third-quarter call reports late, the National Credit Union Administration said Wednesday.

Moven, the digital-only "neobank," is partnering with online lenders as part of an effort to differentiate its services and become its users' go-to app for financial transactions of all sorts. Banks ought to pay close attention to this rebundling effort.

Prosperity Bancshares in Houston reported a 4.23% dip in fourth-quarter profit on lower levels of loan discount accretion.

Amid concerns about the added complexity of the TILA-Respa integrated disclosures and growing demand for purchase loans, Flagstar Bancorp plans to reduce its over-reliance on third-party originations by expanding its retail mortgage business.