-
Hacks of banks, credit unions and insurance companies compromised the data of millions of consumers, who filed a flurry of class actions in response.
December 22 -
-
Some lenders to companies owned by women, minorities and veterans say they'd prefer that the Small Business Administration strengthen its Community Advantage program rather than bring them into the agency's flagship loan-guarantee program.
December 22 -
After years of deliberation and controversy, 2022 will be remembered as the year the global financial system replaced the Libor interest rate benchmark, the last vestiges of which sunset in 2023.
December 22 -
The credit union hired Janell Upton to succeed Chaz Rzewnicki, who left to become CEO of Vibe Credit Union in Michigan.
December 22 -
Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.
December 22 -
The bank hired Thomas Geisel to take over as president and chief executive, effective immediately. He succeeds Harry Madonna, who had been interim leader after the ouster of Vernon Hill.
December 22 -
Credit unions announced 15 deals for banks in 2022, surpassing 2021's total — with much of the momentum coming late in the year.
December 22 -
Early Warning Services' bank-owned peer-to-peer payment service reached eye-popping growth milestones in 2022. But scams targeting Zelle users also soared, drawing lawmaker scrutiny and forcing Zelle to consider reimbursing victims.
December 22 -
JPMorgan Chase is upping its climate ambitions, announcing a slew of new emissions reductions targets for its financing to carbon-intensive businesses, including airlines and cement manufacturers.
December 22 -
The National Credit Union Administration must extend a program allowing credit unions to offer long-term loans for residential solar power installations.
December 22
Teachers Federal Credit Union. -
The confirmation of Martin Gruenberg to chair the Federal Deposit Insurance Corp. is the final chapter of the political fracas surrounding former chair Jelena McWilliams' departure. But it also means he could be outvoted if a Republican takes the presidency in 2024.
December 21 -
The state's Department of Financial Services issued proposed guidelines on how banks and mortgage lenders should manage climate-related risks. But the guidance was quickly slammed by a trade group representing community banks.
December 21 -
On issues from guns and abortion to climate change to corporate diversity, banks that have been trying to satisfy progressive groups felt blowback this year from right-leaning organizations and Republican officials.
December 21 -
The legislation, co-sponsored by six other Republicans, would apply federal lobbying and vacancy rules to regional Federal Reserve banks and close seven of the 12 existing banks.
December 21 -
U.S. Bank and KeyBank were among those that made significant advances in their use of cloud computing during the past year.
December 21 -
The interim chief executive, Mark Wilburn, has been with Truity more than 25 years. The outgoing CEO, Dennis Halpin, plans to retire in January.
December 21 -
The Federal Housing Finance Agency said it would heed the recommendation from a report by its Office of the Inspector General released this week.
December 21 -
Rivertown Community Federal Credit Union and Allegan Credit Union in Michigan will join forces in January under their shared boss, Kris Lewis.
December 21 -
The JPMorgan Chase CEO keeps brushing off the big question: Who will lead the House of Dimon after Dimon?
December 21


























