The Latest

JPMorgan Chase will pay more than $300 million to settle U.S. allegations that it didn't disclose its preference for putting clients' money into the bank's own investment products.

Citigroup plans to cut at least 2,000 jobs starting next month as Chief Executive Officer Michael Corbat restructures some of the bank's businesses.

Banks have all the experience they need to remain relevant in the world of digital payments, but they must not sit idly by as a slew of disruptors look to snag the business.

Apple Pay and Samsung Pay are coming to China in early 2016, in a potential defensive move by China UnionPay to fend off competition from domestic mobile payment rivals on the rise in China, including Alipay and Tencent.

Multifamily properties are getting pricy and new construction is putting upward pressure on vacancy rates, worrying banking regulators.

The $4.8 billion-asset holding company for Southside Bank gave Lee Gibson the additional titles of president of both the holding company and Southside Bank.

Fresh off the announcement of Walmart Pay, fellow retail chain and Merchant Customer Exchange (MCX) member Target is planning its own mobile payment system, according to CNBC.

The $560 million-asset holding company for SouthCrest Bank did not provide a reason for Kenneth Maloy's departure.

Default rates on various types of consumer loans improved in November, according to Standard & Poor's and Experian.