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House Financial Services Committee Chairwoman Maxine Waters said the CEO's 2018 bonus was "outrageous and wholly inappropriate" and called for his removal.

The National Credit Union Administration board held its monthly open board meeting Thursday – likely board member Rick Metsger's last hearing with the panel before two new members join.

Community bankers and state regulators want the FDIC and other agencies to rethink their approach to a simplified capital ratio for smaller institutions.

Chime, Chart IQ, Starling Bank and several other startups have raised millions of dollars from venture capital and private-equity firms this year. Here's what they plan to do with their haul.

European banks need to look beyond their home countries for mergers in order to tap the region's full economic power and become more competitive, JPMorgan Chase Chief Executive Jamie Dimon said.

The Federal Housing Administration is moving forward with a long-delayed plan to reduce the term of the home warranty required for high loan-to-value mortgages on new houses.

Fintech investors, including Goldman Sachs, see opportunity in Mexico; firm’s growth in lending could be a problem if economy goes south.

It was a 5.7% raise from the previous year. His total compensation was the smallest among the CEOs of the six biggest U.S. financial institutions, but his salary was the largest.

Leading investors say too many traditional financial institutions, out of their depth in fintech investment, end up imposing controls that slow down otherwise nimble young companies.

After more than two years of successful operation in delivering Same-Day ACH payments, Nacha's request to add a third processing window has been delayed by the Federal Reserve, which says it has to obtain public comment on the concept.

The 2020 presidential hopeful removed the contentious provision from a previous version of the bill that had won praise from bankers but sparked fierce opposition from credit unions.

J. Mark McWatters, chairman of NCUA, and Rick Metsger, a board member, also said that Congress should give the agency more authority over field of membership for underserved areas.

If there is renewed interest in a proposal to restrict incentive-based plans, that isn’t enough to overcome obstacles that have hindered the rulemaking for so long.

Merchants are often the last in the payments ecosystem to know when card fraud occurs, and their losses tend to escalate in the meantime.

The House Financial Services Committee debated legislation Wednesday to reform and reauthorize the National Flood Insurance Program, but no clear solution emerged.

In remarks to credit unions, the Senate Banking Committee Chairman said that fixing the government-sponsored enterprises and data security were priorities.

A new line of inquiry into President Trump's business dealings is thrusting small New Jersey lender Investors Bancorp into a spotlight with Deutsche Bank, which for years has been better known as the real estate mogul's creditor of choice.

The Connecticut bank, which has been unable to complete a pending deal for an SBA platform, has managed to build the business anyway.

The Financial Crimes Enforcement Network voluntarily works with tribal law enforcement on anti-money-laundering and counterterrorism initiatives, but is not currently required to do so by statute.

Nick Zappia is joining the bank from rival BNY Mellon in what is one of the first key hires of new CEO Kelly Coffey.