The Latest

The Financial Accounting Standards Board has postponed the release of a rule to overhaul how banks calculate loan losses.

East West Bancorp has been placed under an enforcement action for anti-money-laundering compliance weaknesses, as it continues a plan to spend an estimated total of $12 million on program upgrades.

New York City landlords would be banned from checking credit scores to decide whether to rent to would-be tenants under a bill introduced in the City Council.

MasterCard Inc. formed a partnership with Banque Internationale pour l’Afrique au Congo to provide payment cards in the Democratic Republic of Congo as part of efforts to tap the potential for banking in Africa’s fourth-most populous country.

The competitive environment has raised the importance and profile of marketing, but many banks are still trying to market themselves on a shoestring budget.

First Midwest Bancorp in Itasca, Ill., has agreed to buy NI Bancshares in Sycamore, Ill.

Apple Eyes P2P Payments; Bank Recruiting Lags

The Financial Accounting Standards Board has postponed the release of a rule to overhaul how banks calculate loan losses.

West Community Credit Union has named a new chief executive to succeed its longtime, retiring CEO.

The EMV migration in the U.S. has been slow, but there are technology alternatives that allow for fast and accurate deployment of chip cards.