Organization Root Tag

The conversation about financial policy in Washington has moved past designations of giant firms.

Even with the decline, the nation's largest bank still employs a higher percentage of black employees in the U.S. than its rivals.

The legislation unveiled this week left out a requirement — included in an earlier version — for new companies to report their true owners.

With plenty of cash on hand, many commercial firms have had little need to tap existing credit lines.

Opening internet cafes and investing in new technology are part of an effort to provide nimble, efficient services, the bank's CFO said in a strategy talk.

Marc Dann, a former Ohio attorney general, has a plan to publicly maintain the CFPB's consumer complaint database if acting Director Mick Mulvaney shuts it down.

The rule hews closely to a 2016 proposal but the central bank made a notable change to reflect a higher threshold for banks considered "systemically important."

TIAA has recruited Lori Fouché to serve as CEO of retail and institutional financial services.

It’s possible for a cryptocurrency to begin as a security and then transform into another type of asset, said William Hinman, who heads the regulator's division of corporation finance.

The OCC chief’s bizarre statements in House testimony produced shock waves that reached the Senate Banking Committee Thursday.

NAFCU was the only financial services trade association this year to be honored with the "Power of A" award from the American Society of Association Executives.

The Atlanta bank has financed construction and other activities tied to nursing homes and related facilities mainly in its East Coast markets. It says the timing is good to tap into demand elsewhere in the country.

The advancement of digital wallet technology in the past five years may be having a numbing effect on e-commerce merchants, who favor familiar brands over big-name wallet apps.

Institutions that have been opening consumer accounts without consent need to prepare for the fallout, even if the OCC has said it won't name names.

Competition for deposits is heating up as summer approaches, and banks are responding in all sorts of ways — from launching digital-only platforms to raising CD rates to reviving debit rewards. But rising interest rates could weaken demand for loans, especially mortgages.

Security Group was fined $5 million for abusive collection tactics; the Dutch payments company is now valued at nearly $16 billion.

The CFPB ordered Security Group Inc. to pay $5 million for making illegal threats, including that consumers could go to jail.

Everyone agrees good corporate governance involves a board that is just the “right” size and has a “good mix” of knowledgeable insiders and independent watchdogs. But setting bright-line rules for banks as varied as M&T, Wells Fargo and Eastern Bank is hard.

In his inaugural hearing as comptroller of the currency, Joseph Otting defended his decision not to publicly rebuke banks for Wells Fargo-like problems.

Federal Reserve Chairman Jerome Powell said the agency has its hand full between proposals on liquidity and capital requirements and additional mandates made by the recently enacted regulatory relief law.