Wells Fargo has promoted Tim Sloan to president and chief operating officer, a move that likely puts him on a short list of candidates to succeed John Stumpf as chief executive.

A joint venture formed by a regional credit union trade group and a loan servicer has a simple mission: to help small credit unions that lack expertise in SBA lending jump into the booming 7(a) market.

Farmers Capital Bank in Frankfort, Ky., has hired a business lawyer as chief operating officer.

In one instance, a single complaint in the Consumer Financial Protection Bureau's database was counted as 35 different ones while in another, a complaint against a payday lender was filed against an unrelated bank. Current and former officials say that's par for the course, leading to inflated complaint numbers and inaccurate data.

Regions Financial in Birmingham, Ala., has hired FBI veteran John Boles to oversee its investigations of cybersecurity and international threats.

There was mixed news released Tuesday concerning homeowners facing financial difficulties.

New Jersey lawmakers are considering a bill requiring debt collectors to temporarily stop collection activity for victims of identity theft if they receive a written notice from the consumer.

Springleaf Holdings has changed its name to OneMain Holdings after buying its top competitor from Citigroup for $4.49 billion.

City Holding in Charleston, W.Va., will be looking to name a new chairman, after Philip McLaughlin said he will resign at the end of the year.

Despite the House Financial Services Committee's passage of a bill to convert the Consumer Financial Protection Bureau's leadership structure from a single director to a commission, Democrats have largely opposed the bill.

Following a trail blazed by rival Social Finance, the two-year-old firm wants to expand beyond lending and offer consumers a broad array of financial products.

Recent U.S. and U.K. assessments of anti-money-laundering and efforts to combat terrorism financing show how the two countries have structured respective approaches to pinpointing key risks.

A group of attorneys general from eight states and the District of Columbia have jumped into the debate over PIN versus signature requirements for EMV cards, choosing the side of retailers.

A few months after introducing its mobile wallet in the U.S., BBVA is attempting to lure adoption through 'instant' cash-back credit card rewards for qualified transactions at checkout.

Lenders are doing a better job keeping consumers informed about the loan process, according to the latest J.D. Power mortgage survey. But the actual speed of loan closings is also a key factor to borrowers' overall satisfaction.

Bankwell Financial Group in New Canaan, Conn., said chief operating officer Gail E. D. Brathwaite will resign from the company on Dec. 11. She has agreed to continue working with the bank as a consultant through June 30.

Community banks are embracing branch innovations to deliver a more personalized experience to customers, and differentiate themselves from larger competitors.

A Pennsylvania company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. and Canada will pay $95.5 million to settle claims it illegally paid recruiters and exaggerated the career-placement abilities of its schools.

In a growing number of cash-strapped Southern Illinois counties, state’s attorney’s offices are securing contracts with third-party collection agencies to pursue delinquent court fines and fees – sometimes for violations that occurred decades ago.

KeyCorp and New York Community Bancorp are among a number of buyers pledging to aggressively cut costs at acquired banks. There are plenty of ways to go about it, but acquirers risk cutting too deeply in the effort to appease wary investors.