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CEO Jes Staley is investigated by British authorities for trying to unmask a bank whistleblower and will take a pay hit; ISS is second consultant to call for voting against Wells directors.

The San Antonio company named Chad Borton, previously head of consumer banking at Fifth Third Bancorp in Cincinnati, for the role. Fifth Third has named Philip McHugh as his successor.

The Office of the Comptroller of the Currency's top examiner at Wells Fargo was removed last month, according to Reuters.

A Senate Republican effort to use an obscure process to restructure the CFPB could derail any bipartisan agreement on targeted changes to the Dodd-Frank Act.

Most banks still struggle to make it simple for customers to open new accounts entirely on mobile devices.

Switzerland's UBS is adopting an advanced type of digital signature technology, with a range of uses that include the capability to secure high-risk digital payments.

The company took aim at Institutional Advisory Services, which recommended on Friday that shareholders vote against 12 of the company’s 15 board members.

Federal Reserve Gov. Jerome Powell has been tapped to head the agency’s supervisory committee, the post formerly held by Gov. Daniel Tarullo.

Bank of Montreal's Bill Downe, the longest-serving chief executive officer among Canada's largest lenders, will retire Oct. 31 after spending a decade expanding the nation's oldest bank through acquisitions in the U.S. and overseas.

As more of China's citizens engage in travel and commerce across the nation's borders, more companies want to help them pay and collect money. Many of China's dominant payment brands are extending their reach globally, but U.S. and European companies are also focused on this audience.

Business confidence remains high, but Fed data shows commercial borrowing actually decelerated during the first quarter. Fortunately for banks, rate hikes have fattened margins.

Negative interest rate policies have not been shown to speed up spending or borrowing. In some cases, countries with such policies have seen their savings rates continuing to climb.

What's considered a 'bad' product for one group of consumers may not be bad for another.

Elevate Credit in Fort Worth, Texas, debuted Thursday at half the price the company had been targeting. Investors may have been spooked by the possibility of rising losses.

In a blog post published Thursday, Neel Kashkari criticized key parts of Jamie Dimon’s annual letter to JPMorgan Chase shareholders.

Richmond Federal Reserve Bank President Jeffrey Lacker’s revelation that he was behind a 2012 leak may embolden the central bank’s critics in Congress.

Credit unions must go on the offense to achieve regulatory relief, but they will be aided by a Congress and administration interested in many of the same measures, the CUNA CEO said.

Five banks and the tech firms R3 and HQLA^X are using distributed ledger technology to make it easier to transfer liquid securities and collateral.

China-based Ant Financial is preparing to fight for MoneyGram despite a rival bid from Euronet Worldwide, based on signals the company sent today in an open letter to the money-transfer company’s management, employees and customers.

Walmart still has no Near Field Communication technology to support mobile payments in its 4,000-plus U.S. stores, but it’s added Visa Checkout as an e-commerce option, joining many new merchants that now support Visa’s streamlined checkout process.