Opinions

Comptroller of the Currency Thomas Curry provided new details Wednesday about guidance expected soon that will attempt to discourage banks from cutting off relationships with foreign financial institutions in certain parts of the world.

CU Bancorp in Los Angeles has agreed to a consent order to address deficiencies in its Bank Secrecy Act and anti-money laundering compliance program.

If stories like the Wells Fargo scandal are repeated at other institutions, U.S. banks could soon experience the same reputational and regulatory fate of their cousins in the United Kingdom.

Wells Fargo's Chief Executive Officer John Stumpf, struggling to quell a scandal and demands for management accountability, plans to offer House lawmakers the same apology he gave senators last week except for a key change, according to a copy of the testimony obtained by Bloomberg News.

Wells Fargo Chief Executive Officer John Stumpf will forfeit $41 million of stock, plus some salary, as the bank's board investigates the company's bogus-account scandal.

Following industry objections to how the Federal Deposit Insurance Corp. defines brokered deposits, a House panel heard testimony Tuesday on a series of bills that would amend the definition.

The Federal Housing Administration issued a proposal Tuesday that would make it easier for lenders to secure government guarantees for condominium loans.

Since John Stumpf's appearance before the Senate Banking Committee last week, the situation has become even worse for the Wells Fargo CEO, with new lawsuits filed, the Labor Department opening an investigation and the CFTC fining it for an unrelated action. Here's what to expect when Stumpf appears in the House on Thursday.

IBM is introducing a set of new systems and tools to help banks in the U.S., Europe and Asia adapt to certain global initiatives to modernize financial services, including advancing real-time payments and sharing customer data with third parties through APIs.

WASHINGTON -- The Chamber of Digital Commerce has opened a new outpost in the nation’s capital. But instead of looking for a staid law office, the bitcoin advocacy group formed a partnership with local incubator 1776 to launch the DC Blockchain Center.