Retail & Commercial

New York Mayor Bill de Blasio and Comptroller Scott Stringer are pushing to prevent the city from hiring Wells Fargo to lead bond sales or handle other banking business until it improves its track record of lending in poor communities.

The social media furor after a powerful congressman targeted a community bank exec underscores the difficulties of managing in the current partisan political climate.

Financial regulators issued joint guidance on Wednesday highlighting the availability of cross-state appraiser licensing agreements.

The acquirer of the failed Milwaukee bank passed on assuming control of 107 in-store locations, but drawing a sweeping conclusion about the state of in-store banking from one story is difficult.

The company will record a $300 million charge to cover the elimination of three data centers and book $125 million in broader severance costs.

Financial Institutions in Warsaw, N.Y., has replaced earlier plans for a typical stock sale with an at-the-market program.

Wells Fargo streamlines Western unit, shifts executives as post-scandal overhaul continues; Goldman Sachs gets grief for "cynical" purchase of Venezuelan bonds at deep discount.

Auditors performing a review of Ocwen Financial padded time sheets and claimed excessive and improper expenses, including lengthy travel and meals at strip clubs and casinos, according to a lawsuit filed against Fidelity Information Services.

The nonprofit Bank On certifies banks that offer deposit accounts with minimal fees. It is one of many initiatives designed to bring more consumers into mainstream banking.

Retail banking chief Mary Mack made several changes, including restructuring leadership in the Western region, where some of the worst incidents in the Wells scandal were said to have occurred.