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The branch closures will reduce overhead by an estimated $1.9 million a year.
December 28 -
JPMorgan Chase’s planned expansion into more than a dozen new markets threatens community banks and larger institutions alike.
December 28
K.H. Thomas Associates -
Linda Levy, CEO of Lower East Side People's Federal Credit Union, has no regrets about suing President Trump when he appointed Mick Mulvaney to run the CFPB, despite some negative reactions from her credit union colleagues.
December 28 -
Business pay has always lagged consumer innovation because of complexity. But new advancements in underlying business technology should change that, according to Rob Eberle, CEO of Bottomline Technologies.
December 28
Bottomline Technologies -
Readers this year responded to Mick Mulvaney's leadership at the Consumer Financial Protection Bureau, the banking industry's role in the national gun debate, Rep. Maxine Waters' upcoming leadership of the Financial Services Committee, the influence of tech companies like Facebook and Amazon on financial services and much more.
December 27 -
After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform.
December 27 -
Lawmakers and industry groups were caught off guard when FEMA said it wouldn't issue flood insurance policies during the government shutdown, despite an extension passed last week.
December 27 -
Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system.
December 27
Cato Institute -
India has tightened rules regarding how foreign e-commerce platforms are allowed to sell goods in one of the fastest growing online markets, a potential blow to companies like Amazon.com Inc. and Walmart Inc.’s Flipkart.
December 27 -
The financial services and payments industries are aggressively trying to replace older systems with sleeker technology, but Swift has a separate goal in mind with the Global Payments Innovation system, or GPI.
December 27 -
From stress tests to tailoring the Dodd-Frank Act to the Volcker Rule, the banking agencies have a number of important proposals to finalize in the coming year. But there are several potential obstacles that could throw those plans off track.
December 26 -
More traditional players interested in creating a safer market for digital assets have issued a checklist that cryptocurrency firms can follow to build confidence among banks, consumers and regulators.
December 26 -
Jonathan Gould, the committee's chief counsel, has been hired by the Office of the Comptroller of the Currency as senior deputy comptroller and chief counsel.
December 26 -
The Lafayette, La.-based credit union was accused of firing an employee who complained about a training video with racially offensive content.
December 26 -
The alleged supervisory lapses occurred over a five-year period, according to the regulator.
December 26 -
President Trump expressed confidence in the Treasury secretary, Federal Reserve and U.S. economy on Tuesday.
December 26 -
The biggest question is whether new CFPB Director Kathy Kraninger will deviate from the pro-industry policies of her predecessor, or bring continuity.
December 25 -
It was a year to remember for women executives at SunTrust and Amex’s new CEO, and one to forget for Wells Fargo and investors in bank stocks.
December 25 -
China's Ant Financial, the Alibaba payments affiliate that operates Alipay, is reportedly in the advanced stages of talks to buy WorldFirst, an international payments provider based in London.
December 24 -
As head of Santander Bank’s retail network, Colleen Canny will be in charge of more than 600 branches and over 4,100 employees across eight states.
December 24

























