Organization Root Tag

The investors initially won the right to sue as a group in 2015 before an appeals court reversed the ruling; the $13 billion lawsuit can now proceed as a class action.

Mark D’Arcy was in charge of regulatory reviews and annual stress tests; many see 10-plus point gains following removal of non-loan collections reports.

Cardlytics has added Wells Fargo to the list of banks using its card-linked offers platform after a successful pilot, joining JPMorgan Chase and Bank of America, the latter of which has leaned on Cardlytics’ marketing service since 2012. Notably, these rivals aren’t demanding exclusivity.

The number of consumers being pursued by debt-collection agencies fell dramatically in the past year, but it's as much technicality as achievement, and bankers need to keep that in mind when reviewing the credit scores of millions of Americans.

Two years after Citi launched more than 7 million contactless-enabled Costco credit cards in the U.S., Costco has finally enabled tap and pay at its U.S. stores.

The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.

When President Trump signed the National Defense Authorization Act into law yesterday, it did not include a provision that could have harmed military credit unions.

The companies had been unable to secure regulatory approval for the deal, which was announced a year ago.

Organizers of Piermont Bank said in their application with the FDIC that they want to raise $100 million and eventually operate in several urban coastal communities.

The card issuer Synchrony will continue to manage three cards for the national hardware chain. The timing is good as Synchrony recently lost a deal issuing cards for Walmart.

The agency’s move to offer a national charter for fintech firms will undermine state authority and give certain firms an unfair advantage.

Anand Selva, a longtime Asia hand, will head up U.S. consumer banking; several startups are backed by traditional card issuer veterans, such as former Citi CEO Vikram Pandit.

Judges say a CashCall loan may have fit the state’s definition of an “unconscionable” interest rate.

The bank continues to battle a series of negative headlines such as erroneous foreclosures, but public and investor reaction has been muted.

From website overhauls to staying under the radar or simply paying up, here's how some credit unions are dealing with legal threats surrounding the Americans with Disabilities Act.

The Trump administration has argued that the Affirmatively Furthering Fair Housing rule, issued in 2015, was too prescriptive.

Citigroup Inc. is restructuring its consumer banking operation in a shake-up that includes the departure of its global credit card chief.

Wells Fargo & Co. is considering whether to jump-start its shrinking student-lending business by catering to borrowers holding U.S. government loans.

Private equity firms are making loans to midsize businesses and online banks are winning deposits by paying 2% interest; Goldman hires a veteran M&A banker.

The agency's settlement with Robert Moseley Sr. and Robert Moseley Jr. was enforced by the U.S. District Court for the Western District of Missouri.