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RealtyTrac on Wednesday released its Year-End 2015 U.S. Home Equity & Underwater Report, which shows that there were 6.4 million U.S. properties seriously underwater - where the combined loan amount secured by the property is at least 25% higher than the property’s estimated market value.

Santander Consumer USA Holdings on Wednesday reported a sharp drop in profits, due to losses tied to its exit from personal lending.

Capital One Financial's fourth-quarter profit fell short of projections as the McLean, Va., company boosted its reserves in anticipation of higher loan losses.

Fintech companies are threatening banks on many fronts, but it is in peer-to-peer payments that banks may be most at risk of being reduced to "dumb pipes."

Banks that prioritize structural changes in their compliance process will make risk frameworks more effective and sustainable over time.

Royal Bank of Scotland Group took a surprise 3.6 billion-pound ($5.2 billion) hit to the value of its assets and set aside more money for past misconduct, limiting Chief Executive Officer Ross McEwan's ability to return capital to shareholders.

SEC Targets Diversity; Blaming the Fed

Banco Santander SA built up capital in the fourth quarter, easing investor concern about its ability to bolster buffers, as Spain's largest lender booked charges that wiped out profit.

State Street reported a 17% increase in fourth-quarter profit as it cut expenses, offsetting a decline in revenue.

The Filene Research Institute program seeks to make it easier for potential members to join, open a new account, apply for a loan and other pain points encountered by consumers seeking credit union products and services.