Banking

Morgan Stanley is the latest firm to make a year-end efficiency push, eliminating about 1,500 jobs, according to people familiar with the matter.

Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.

From new growth strategies to courts, Congress and the industry's own #MeToo moment, here's a look back at some of the year's biggest moments.

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.

Spirit of Texas Bancshares is acquiring four branches and a loan production office from Simmons First National as part of an aggressive expansion in its home state.

The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say.

The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say.

Incoming CEO Clint Stein said the Tacoma, Wash., company is ready to revisit deals after spending three years updating its digital platforms.

Some legislators and consumer groups want federal regulators to block such alliances. Here’s why that’s a bad idea.

New CEO Tim Wennes is counting on soon-to-launch digital offerings to boost consumer loans and deposits and playing up Santander's international reach in a bid to win over middle-market and corporate clients.

Paul Murphy took full responsibility for a recent spike in charge-offs at the Houston company. His challenge in 2020 is keeping credit issues in check.

It can be a painful process for a bank to go digital, but there are ways to ease the transition.

The Consumer Financial Protection Bureau faces a busy policy agenda heading into the new year, as well as strong external forces that are beyond its control.

The board- and management-level handing of CRE concentration was the chief concern of FDIC examiners, making up more than 56% of all the supervisory recommendations regulators made in the two-year period.

BBVA USA said Monday that Susana Valencia will retain her job as Laredo City president while also overseeing commercial banking operations in its Texas border and Gulf Coast markets.

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

A new report from the National Credit Union Administration's Office of the Inspector General outlines what to expect in the year ahead following some 2019 scandals.

PNC, Plaid and Venmo have been blamestorming over customer data-sharing issues of access, security and consent.

The New Jersey company will pay $63 million for the parent of Victory State Bank.