The Latest

More powerful employment and wage gains are necessary to fuel home purchases, according to mortgage industry economists.

The proposed $19 million settlement to cover financial institutions' losses from the Target data breach in 2013 has failed, and financial institutions believe public data security fears provide a strong hand in future talks.

Last month's unrest in Baltimore once again cast the spotlight on the negative cycle of crime, violence and poverty that plays out in many American cities and counties. So why aren't banks directing more of their investment dollars into the neighborhoods that need it the most? And can Community Reinvestment Act reform help push them in that direction?

Lawmakers on the Senate Banking Committee may still stand divided on regulatory reform, but Thursday's markup points to ongoing desire for a way forward.

The Clinton Foundation has generated at least $1 million in fees from six large banks, as payment for speeches made since 2002 by Democratic presidential candidate Hillary Clinton, former president Bill Clinton and Chelsea Clinton.

An obscure provision in the regulatory relief bill championed by Sen. Richard Shelby, R-Ala., is giving mutual holding companies hope that a threat to their business model will be eliminated.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the merits and drawbacks of Sen. Richard Shelby's regulatory reform legislation, whether bigger banks are inherently riskier and banks' evolving interest in blockchain technology.

Digital money transfer provider SimbaPay is providing a free money transfer service from the U.K. to Nigeria, a popular market for new mobile payment plays.

Stonegate Bank in Pompano Beach, Fla., has confirmed that it will provide a bank account to the Cuban government.