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Hiring staff members through the H-1B visa program can be a great way to fill critical vacancies while securing skilled and loyal employees, experts say.

The payment company is focused on small-business borrowers operating in areas where branches are shutting down.

Federal Deposit Insurance Corp. Vice Chair Travis Hill said Silicon Valley Bank's failure raises concerns over the resolution process, and said regulators should work harder to find a buyer for distressed banks in the future. 

A new bank has taken the top spot on American Banker's annual list of the highest-performing institutions with less than $2 billion of assets.

The top 200 publicly traded banks with less than $2 billion of assets capitalized on their strong loan portfolios and interest income. But given a shift in the economic environment and banking industry, performance challenges are expected to intensify through 2023.

The firm reached an "agreement in principle" to settle the proposed class action filed by an unnamed Epstein victim late last year, JPMorgan said in a statement Monday.

Banks and credit unions understand the benefits of boosting their digital capabilities as well as the pitfalls of lagging behind.

If the U.S. and Canada don't develop a coherent framework for regulating the industry, North America risks broader losses to other growing industries, like fintech and artificial intelligence.

The Simplicity credit card from Citigroup has had staying power, suggesting that a card without late fees can be profitable. Its success shows how the U.S. card market might look different under a controversial CFPB proposal to slash those charges.

PacWest Bancorp has completed the first part of the sale of a $5.7 billion loan portfolio to the real estate investment company Kennedy Wilson Holdings as the U.S. regional bank takes steps to shore up liquidity.

A West Virginia homeowner is suing the banking giant for charges incurred when paying by phone, claiming breach of contract and violation of consumer protection laws.

Five Star Bancorp expands into San Francisco, American Express to integrate with data aggregators Plaid and Yodlee, Bank of America reworks leadership in its investment banking unit and more in this week's banking news roundup.

Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.

The Dallas-based institution has hired Dan Sheehan, a veteran banker and the former CEO of Professional Bank, to head the effort that will include opening a branch in Palm Beach County later this year.

Economic analysis from the real estate advisory CBRE finds that community banks are particularly imperiled by their exposure to commercial real estate loans. Others see looming risks in indirect lending.

Local Government Federal Credit Union is postponing its separation from State Employees Credit Union, which has shared its technology and footprint for decades, to establish its own physical presence.

More customer insights and Spanish support are on the horizon for the team developing Fargo.

House Financial Services Committee Chair Patrick McHenry, R-N.C., has posted a discussion draft of stablecoin legislation that includes some concessions to committee Democrats.

Smaller banks face challenges in providing their business customers with modernized tools to streamline payments, but the newest breed of embedded banking tools are making it easier for banks to help businesses increase revenue and cut costs.

Binance.US told users its payment and banking partners had signaled an intent to pause support for the exchange's dollar channels as early as June 13.