The Latest

While migration to cards with chip technology should help mitigate card fraud, additional steps by retailers and more layers of security are needed.

Loan-loss provisions are trending up, partly due to an increase in overall lending but also because lenders are concerned about future losses on loans tied to the energy and manufacturing sectors.

Credit Agricole agreed to pay $787 million to U.S. regulators and enter into a deferred prosecution agreement with the Justice Department to resolve allegations the French bank violated sanctions aimed at Iran and Sudan.

Foundation Bancorp in Bellevue, Wash., is searching for a new chief executive. The company said in a press release Tuesday that Diane Dewbrey resigned a day earlier "to pursue other interests."

Deutsche Bank has appointed Kim Hammonds to its management board and promoted her to chief operating officer.

Members of W-G FCU in Worcester, Mass., have voted to approve a merger with RTN Federal Credit Union in Waltham, Mass.

Signature Bank in New York reported higher profit in the third quarter, as loan growth offset issues in its taxi medallion portfolio.

Bank of New York Mellon won final approval of a $180 million settlement with investors who claimed they lost money amid allegations the bank had defrauded clients in foreign-exchange transactions for as long as a decade.

Housing finance reform in Congress is stalled, but Fannie Mae and Freddie Mac (often under pressure from their regulator) are forming partnerships, developing new products and finding ways to share risk with the private sector to correct flaws in the housing system.

A federal appeals court has dealt the retail sector a setback in the ongoing fight over surcharges on credit card purchases.