The Latest

With community bankers already talking about suing over FOM, ties between NCUA and CU industry could come under more scrutiny.

Banks continued to report strong profits in the third quarter, but the Federal Deposit Insurance Corp. on Tuesday highlighted a definite warning sign it sees in bank portfolios: riskier loans.

John A. Allison, former chairman and chief executive at BB&T in Winston-Salem, N.C., has returned to academia.

While the CFPB's latest monthly complaint report highlights bank account and service complaints, debt collection ranked as the top category.

No two mortgage servicing rights portfolios look the same, and buyers have strong opinions about the kinds of deals they want to do. Here are some factors that can swing MSR transaction values, according to Matt Maurer, managing director at MountainView Capital Holdings.

Bank of America Corp., which provides most of the dollar notes dispensed by banks in Angola, is halting the supply of greenbacks to the African country, according to two people with knowledge of the matter.

The Bank for International Settlements acknowledges that people may have legitimate reasons to prefer an anonymous payment system.

American Express Co., the largest credit-card issuer by purchases, said it will cut 45 jobs in its enterprise growth unit next year as part of a reorganization.

The U.S. is a long way from widespread adoption of EMV, but security analysts say the boom in online shopping—plus a surge in consumers' use of mobile devices for holiday purchases—will make it easier for fraudsters to hide their moves as they redirect their efforts from retail to online channels.

Fauquier Bankshares in Warrenton, Va., is planning to record a $5.5 million impairment charge tied to a souring loan relationship.