Banking

When Sharon Miller was tapped to lead small business banking at Bank of America, she says it was her dream job. "In my three years in this role, I feel I've helped elevate our small business capabilities beyond what I envisioned," she said.

StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies.

See American Banker's 17th annual ranking of the Most Powerful Women in Banking and Finance.

Under the leadership of Barbara Mariniello, Barclays now ranks among the largest underwriters for corporate bonds in the Americas.

How do you keep the all-male CEO club at the biggest banks intact? Let us count the ways. Could a woman be the next CEO at UBS? Maybe. At Wells Fargo? Less likely.

The consumer agency is investigating Bank of America over “potentially unauthorized” accounts; why fintech rollouts are magnets for fraud; KeyCorp’s Beth Mooney to retire next year; and more from this week’s most-read stories.

Protections for industrial hemp were added to a cannabis banking bill that is expected to get a full House vote next week.

The House Financial Services Committee passed a bill that would exclude adverse credit information for consumers impacted by a government shutdown.

Democratic lawmakers and consumer advocates say the remedies offered to consumers by firms like Capital One and Equifax are too difficult to access and not particularly helpful.

After another global bank cut off convicted pedophile Jeffrey Epstein, his wealth found a home at Toronto-Dominion Bank.

Increased adoption of The Clearing House’s faster payments system could put pressure on community banks and credit unions awaiting the launch of the Fed’s competing service, FedNow.

From expanding their membership to buying naming rights for major stadiums, some bankers and industry observers argue big credit unions are taking unfair advantage of their tax exemption.

By turning to investors outside traditional banking, private-equity firms are finding it easier than ever to get loans to finance their buyouts of corporations that are nowhere close to being profitable.

The company will gain 34 branches and $1.2 billion in assets when it buys State Capital in Mississippi.

The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs.

Royal Bank of Scotland promoted Alison Rose to chief executive officer, making her the first woman to run one of Britain's big four lenders.

CUNA Mutual Group found that loan balances increased by 6.6% for the year ending in the second quarter.

The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.

The fintech is now worth $10 billion more than its top rival, Square; cost cuts, asset growth and share buybacks could offset the headwinds from low rates.

The company will buy TB&T Bancshares, which operates branches near Texas A&M University.