Panelists: Deborah Waters, Global Head of Private Bank Operations and Technology, Citi; and Kraleigh Woodford, Managing Director Head of Digital Client Experience UBS WM USA.

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.

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.

Citigroup has appointed Jay Jacobs, former president of the investment management firm PIMCO, as an independent director.

The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory.

The graduates of this year's Fintech Innovation Lab New York, chosen by executives at 43 banks, are focusing on improving artificial intelligence, solving IT issues and providing a better customer experience.

JPMorgan Chase CEO Jamie Dimon condemned the separation of immigrant children from their parents at the U.S. border, while a group that Citigroup CEO Michael Corbat co-chairs also called for an end to the policy.

Among the six biggest U.S. banks, Bank of America might deliver one of the steepest jumps in payouts. Wells Fargo is the wild card.

Senior leaders may say that they want to hear bad news, but that doesn’t mean lower-level employees are eager to share it with them.

The settlement is the latest development in probes by governments around the globe into banks’ manipulation of benchmark interest rates.