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Citi and Capital One are putting pressure on rivals such as Discover and American Express, while Wells Fargo is eyeing a bigger footprint in the business.

Competitors have been spreading rumors that JPMorgan Chase is quitting the field, the bank's CEO said in a wide-ranging question-and-answer session that touched on Bitcoin, China, and his retirement plans.

NCUA on Friday placed Bronx, N.Y.-based Bethex Federal Credit Union into conservatorship.

Two banks with labor ties — Amalgamated Bank of Chicago and United Business Bank in Oakland — are beginning to aggressively court commercial clients.

The board of directors of Chartway Federal Credit Union, a $2-billion institution based in Virginia Beach, Va., appointed Brian Schools as its new president and chief executive officer, effective Sept. 21.

Community banks are hoping regulators' recent decision to drop certain items from call reports is just the beginning of supervisory efforts to streamline the forms to reduce their burden.

Rep. Randy Neugebauer, R-Texas, a senior member of the House Financial Services Committee, said Thursday that he would not run for office in 2016.

During the recent market volatility, apps that aim to lure non-typical investors into the market faced a problem with which all digital-only financial products contend: no office to visit for reassurance. Companies turned to emails, tweets and pop-up messages to try to replicate the soothing voice.

The board of directors of Greylock Federal Credit Union, a $1.1-billion institution based in Pittsfield, Mass., named John Bissell as its new president and chief executive officer, succeeding CEO Marilyn Sperling, who will retire on Oct. 1.

Fidelity Bank, a mutual in Fitchburg, Mass., that's merging with another mutual, has named Christopher McCarthy chief operating officer.