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Multiple factors have slowed residential sales, tightening the market for home loans for banks and credit unions.

Angela Garcia, who was accused of embezzling $69,000 from the Georgia bank, has been banned from the banking industry.

The San Francisco bank is following the lead of other U.S. megabanks by providing shorter-term targets ahead of 2050 climate pledges.

Over the past year, BofA has launched or enhanced a slew of technology-based features for business clients of all sizes, from a “start a business” microsite to cash-flow forecasting.

Financial losses stemming from sanctions and the threat of cyberattacks are just some of the major concerns from across the industry.

Lenders argue that they're taking steps to eliminate or rein in the consumer fees, but several Democratic senators say reform legislation could be a necessary step in the near future.

The Minneapolis company, which previously said it expected the $8 billion acquisition to close in the first half of 2022, has become less firm about that projection.

Although the number of scam attempts is falling, especially in financial services, costs are up, data shows.

The New York credit union is using robotic process automation tech from Blue Prism to handle time-consuming tasks related to data entry, collections and other needs. This frees up its employees to focus on the organization's expansion.

The chances of an economic slowdown are rising as the Federal Reserve is poised to take further steps to tame inflation, say the heads of JPMorgan Chase, Bank of America and Morgan Stanley.

Financial institutions need to begin sharing profiles of fraudsters posing as legitimate customers. The technology to do it securely is already available.

Long Game, which Truist acquired for an undisclosed sum, allows consumers to set savings goals and earn extra cash by playing casino-style lottery games.

Johnson, who currently heads a housing-finance industry group, will take over this summer from longtime president and CEO Richard Hunt.

Genesis Financial will use Nova Credit’s bank account data analysis to approve credit to applicants with little or no credit bureau files.

With abortion rights in the U.S. in danger, employers are taking measures to extend support and access to healthcare.

The $2 trillion-asset company has appointed a new CEO and chief operating officer of its growing business in the U.S., Mexico and other parts of the Western Hemisphere.

Ana Botin, the chair of Banco Santander, called Mexico a “growth engine” for the bank but cautioned that the lender would only seek to buy Citigroup’s retail business in the country if certain requirements are met.

Naveed Anwar, global head of digital for Treasury & Trade Solutions, is upgrading the bank’s self-service portal and expanding its embedded banking offerings for large tech and fintech clients.

About two dozen banks in the U.S. and Europe, including ABN Amro and Bank of America, are working with The Clearing House and EBA Clearing, using technology from SWIFT, to make instant international transactions ubiquitous for business and e-commerce sales.

Citigroup has been released from a 2012 enforcement action that faulted its anti-money-laundering efforts. But company executives are expected to spend a lot of time over the next few years seeking to resolve a pair of more recent consent orders.