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Wells Fargo is raising minimum credit score requirements on Federal Housing Administration loans, part of the ongoing jockeying by large banks to limit lawsuits by the Justice Department for defective FHA loans.

House lawmakers from both parties had tough words Thursday for the National Credit Union Administration about its revised risk-based capital proposal.

Activity at credit unions has been on the rise since the Bank Transfer Day movement in November 2011. It remains to be seen, however, if credit unions can succeed at keeping many of those relationships.

Promontory Financial Group has hired former Citigroup and Bank of America executive Eugene McQuade.

Federal Reserve officials left interest rates unchanged, opting to delay an increase amid stubbornly low inflation, an uncertain outlook for global growth and recent financial-market turmoil.

WASHINGTON — A bipartisan group of senators reintroduced a bill Wednesday that would prohibit lawmakers from using certain housing finance fees to offset unrelated government spending.

Representatives from both parties had tough words for the NCUA's new RBC proposal.

Rather than join the throngs of financial services companies advertising their affiliation with Apple Pay on TV, radio and in print, Discover Financial Services is communicating to customers by turbocharging its rewards program.

Major payment processors are lining up in support of Android Pay, which Google began rolling out in the U.S. last week.

The Stamford, Conn.-based credit card issuer expects to be independent by the end of the year, and predicts that it will benefit from its separation from General Electric.