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Federal Reserve Bank of St. Louis President James Bullard's reported speaking engagement at an invitation-only private event hosted by Citigroup last Friday may have violated the central bank's communications guidelines, central bank watchers said.

Toronto-Dominion Bank's U.S. commercial lending chief sees loan demand growing even as the Federal Reserve aggressively hikes rates that are already at the highest since 2008. 

The U.S. Court of Appeals for the 5th Circuit overturned a lower court's ruling, declaring the agency's funding structure and its 2017 payday lending rule invalid.

The Federal Reserve sounded a note of caution on the U.S. economy, which expanded "modestly" through early October with slowing activity raising recession concerns amid some indications of easing inflationary pressure.

JPMorgan Chase has hired a new head of digital assets regulatory policy, less than a month after CEO Jamie Dimon told lawmakers that cryptocurrencies are "decentralized Ponzi schemes."

Bank of America outlined a series of next steps for the thousands of employees returning to its offices globally, as it seeks to cement its post-pandemic approach to work.

The Federal Housing Finance Agency's tangible capital rule could prevent some banks from accessing advances from the Federal Home Loan Bank system in a rising interest rate environment.

JPMorgan Chase must face a lawsuit from a former trader who claims he was fired in retaliation for cooperating with U.S. prosecutors investigating illegal spoof trades at the bank's precious-metals trading business, a federal judge in New York ruled.

Some regional Federal Reserve bank directors last month favored raising a key interest rate by a smaller or larger amount than the 75 basis points that policymakers ultimately decided was needed to curb persistent inflation.

Rather than trying to reach the masses, which proved to be expensive, Goldman is focusing on marketing its online banking platform to its existing pool of wealth management clients. The investment bank has learned that it's "better to play to our strengths," CEO David Solomon said Tuesday.

A former Deutsche Bank managing director said she was put up for redundancy purely because of her age and gender, just as executives in London feared the COVID pandemic would hit lending to the bank's wealthy clients.

German authorities raided Deutsche Bank's headquarters as well as the home of former co-CEO, Juergen Fitschen, as part of a vast investigation of the controversial Cum-Ex transactions that's embroiled some of the world's most powerful financial firms.

An ex-Goldman Sachs Group banker sued the investment bank for around £20.3 million ($22.9 million) to make up for his losing his job after he made whistleblowing allegations about regulatory failures.

Credit Suisse Group agreed to pay $495 million to settle the largest remaining case related to its role in selling residential mortgage-backed securities in the U.S. that contributed to the 2008 financial crisis.

Almost two-thirds of banking executives believe the U.S. will see its highest interest rates this cycle in the first half of next year. And close to 60% of executives said they are concerned the Federal Reserve is hiking rates too quickly.

The potential sale comes as Credit Suisse prepares to unveil a turnaround to investors next week. The bank is looking to simplify and pare down following scandals and losses.

Goldman Sachs Group's David Solomon is embarking on his third major reorganization in just four years as chief executive, undoing some of the signature moves he made as recently as 2020.

The industry needs a leader to be the face of a lawsuit challenging the proposal. The author nominates JPMorgan Chase's Jamie Dimon.

Federal Reserve Bank of Atlanta President Raphael Bostic said his asset managers made trades that broke central bank rules, leading Chair Jerome Powell to open a probe in the latest chapter of an broader Fed ethics scandal.

While Citigroup's Wall Street operations wrestle with tough markets, the bank is getting a boost from the little guy: consumers leaning on credit cards during the worst inflation in a generation.