Retail & Commercial

PNC Financial Services Group in Pittsburgh reported lower fourth-quarter profits on a decline in fees related to residential mortgages and deposit accounts.

Regions Financial in Birmingham, Ala., reported double-digit earnings growth in the fourth quarter as gains in both fee income and loan balances helped to offset a sharply higher loan-loss provision related to weakness in its energy portfolio.

As a recent college graduate, I could have been more engaged with my longer-term financial health had I had today's fintech tools at my disposal.

Acquirers are starting to look more closely at a seller’s commitment to cybersecurity to avoid reputational and operational risk.

U.S. Bancorp on Friday reported a dip in profits, due to a mix of lower fees and higher credit costs.

Wells Fargo, the world’s largest bank by market value, posted fourth-quarter profit that beat analysts’ estimates as revenue from lending and securities investments increased.

Citigroup boosted fourth-quarter profit more than analysts estimated as it generated more revenue from investment banking and a portfolio of unwanted assets.

Banks' core systems are like spaghetti — a mess of noodles. They need to find ways to be more structured,, says Hanspeter Wolf, CEO of onboarding software vendor Appway.

Royal Financial in Chicago has agreed to buy Park Bancorp in Chicago.

Goldman Sachs Group Inc. said it agreed to settle a U.S. probe into its handling of mortgage-backed securities for about $5.1 billion, cutting fourth-quarter profit by about $1.5 billion and closing out a year of record legal and litigation costs.