Since banks are under constant attack by hackers, the startup XM Cyber is offering them a simulator that seeks to do its virtual worst in order to prevent a real breach.

While equity prices drop an average 5% at big banks, bosses express confidence in the U.S. economy; the bank appoints new managers in payments, consumer banking and marketing.

Big-bank execs downplayed gloomy economic forecasts and said a commercial lending rally, niche M&A and smart tech spending will drive growth in 2019.

Whatever the central bank decides, it is sure to ruffle a lot of feathers in the industry.

Danish lawmakers say that the probe currently focused on Danske Bank should be expanded to include more firms.

Technology is often cited as the leg up large banks have in winning over customers, but regionals are worried about the “billions and billions” bigger rivals can pour into ubiquitous ad campaigns.

Are midsize banks in position to disrupt, or are they investing billions in technology because they can’t afford not to?

The German lender was a correspondent bank for the Tallinn, Estonia, branch of Danske Bank that is the focus of multiple international investigations.

Moelis submits a revised Fannie/Freddie blueprint; FASB considering a plan to have banks break out charge-offs and recoveries on year-by-year basis; Wells Fargo layoffs begin with 1,000 jobs in mortgage and tech; and more from this week's most-read stories.

The Justice Department is seeking information about potential transactions the banks may have handled for a small Danske branch in Estonia that’s at the center of one of the biggest money-laundering investigations in history, according to two people familiar with the matter.