Organization Root Tag

JPMorgan Chase, which employs about 10,000 people in London, has asked "several dozen" employees to relocate across the European Union before the U.K. formally leaves the bloc in March next year.

The Consumer Financial Protection Bureau's practice of "regulation by enforcement" and use of nonbinding guidance materials makes its regulatory efforts "unfair and ineffective" to lenders and servicers, the Mortgage Bankers Association said.

Whatever the reason that Plaid, a prominent data aggregator, can no longer access data from Capital One, the situation demonstrates how fragile fintechs are when they lose banking access.

A British appeals court ruled in favor of retailers including J Sainsbury Plc in a blow to credit card firms that could now face billions of pounds in damages.

The decision not to go after the real estate firm could have “serious implications” for lenders; British banks have three months to address technology issues.

If the GOP keeps the Senate, the Pennsylvania Republican, who has pressed for bigger changes to the Dodd-Frank Act than recently enacted regulatory relief legislation, could be the next banking chair. Here's what that means.

Regardless of which party controls the House or Senate after the midterm elections, the financial services panels in both chambers could have new leaders.

A first-in-the-nation ordinance, passed by the city council in the wake of the Wells Fargo scandal, would require banks that want the city’s business to reveal if they have sales quotas for employees. It remains to be seen, though, whether Mayor Eric Garcetti will sign the measure into law.

The final sale price came it at $6.9 billion, or about $900 million more than what the two firms agreed upon when the deal was announced in November.

"Banks should be investing in innovation in this area or risk getting left behind," a fintech CEO warns.

Fannie Mae and Freddie Mac enjoy considerable advantages because of their lower cost of capital and significant government subsidies. But with some conforming loans, the private market is finding a way to compete.

A decades-old Fed charter could help banks develop new cooperatives to combat economic inequality.

LendingClub, Prosper, SoFi and other fintechs are driving the expansion, according to new data from TransUnion.

A judge rules the accounting firm should have detected the fraud that brought down Colonial Bank; Fed deal with Goldman and Morgan Stanley shows softer side.

The crypto market has been in bear territory recently, and Facebook's removal of its bitcoin ad ban can help a resumption of cryptocurrency expansion, according to Nigel Green, founder and CEO of deVere Group.

A Chicago bank isn't afraid of taking on competitors that spend billions on technology. A state regulator is afraid of giving fintech startups too much latitude. Yet another one of our Most Powerful Women retires. Plus, blockchain's leading ladies, the fallout from a big political upset and a tool to help you stop apologizing.

The Office of the Comptroller of the Currency’s bulletin is seen as just one piece of the regulatory puzzle to coax banks into installment lending.

The filing delay came as the new regulatory relief law passed in May has reduced the number of banks required to submit resolution plans.

Barclays has introduced an SMB credit card with a very targeted perk: It extends the interest-free credit periods up to 116 days for payments made at popular trade retailers Travis Perkins and Toolstation.

Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks.