Donald Trump

Community banks, which could be the hardest hit if economic tensions between the U.S. and Mexico escalate into a tariff battle, are urging policymakers to refrain from rash action, and big banks are already trimming exposures.

Amer Sajed, a 56-year-old Pakistan-born immigrant to the U.S., will step down from his role leading the bank’s credit card business in July after being spurred into activism by President Trump's stances on social and other issues.

Citigroup CEO Michael Corbat stuck up for his embattled retail unit in Mexico, downplaying concerns that protectionist White House policies may harm the subsidiary or the overall company's global strategy.

House Democrats want to know if the Department of Justice is doing a proper investigation into an alleged money-laundering scheme by Deutsche Bank.

In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.

President Trump met with community bankers on Thursday to highlight executive actions he has taken to provide regulatory relief to the industry and promote job growth.

Jamie Dimon said President Trump's economic agenda has ignited U.S. business and consumer confidence and he expects at least some of the administration's proposals to be enacted.

Any money laundering investigation could ultimately entangle banks that have done business with President Trump and his various firms over the years.

In President Trump’s first joint address to Congress, he listed several top priorities, including repealing Obamacare and enacting tax reform, but made no mention of reforming the Dodd-Frank Act.

President Trump signed an executive order Friday requiring every agency to establish a task force focused on eliminating unnecessary regulations.

Donald Trump is considering nominating U.S. Bancorp Chief Executive Officer Richard Davis for the Federal Reserve Board, said people familiar with the matter, as the president prepares to start reshaping the central bank’s approach to monetary policy and Wall Street oversight.

Regional banks don’t pose risks to the financial system that have caused concern among policymakers, executives of 18 banks told top Republican and Democratic lawmakers in Congress.

Some experts say President Trump is being advised to hold off on firing CFPB Director Richard Cordray to get the Supreme Court to rule on the extent of the president's executive powers.

At the very least, President Trump's executive order on Dodd-Frank is liable to make it tougher to reach compromise on regulatory reform. In the long run, it's helping to push Democrats further to the left.

The president’s vow to impose a 20% tax on Mexican imports could make life harder for the Citigroup-owned unit, which is Mexico’s second-largest bank.

President Trump is scheduled Friday to order a review of Dodd-Frank and a halt to the Obama fiduciary rule. A signing ceremony is set for noon following a meeting of more than a dozen top corporate executives.

As a candidate, President Donald Trump proposed either halting or taxing remittances to Mexico to push the Mexican government to pay for a border wall along the southern border of the U.S.

Bank CEOs have recently raised red flags about the president's protectionist rhetoric, including his proposals to tax imports from China and Mexico. The concerns have arisen as import-export financing is already facing headwinds.

President Donald Trump's plans to deregulate the financial services industry still lack detail, though Mastercard is betting on a more favorable legal environment in the future.

President Trump's order to eliminate two regulations for every new one does not apply to financial institution regulators, but may affect banks and credit unions in other ways.