Banking

The central bank is mulling measures to broaden the number of banks receiving reg relief; Lisa Stevens was a top deputy to the former retail chief during the phony accounts scandal.

The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm battles spam; Albertson's extends low-touch pay project to gas; BBVA sets up fintech matchmaker; Bill Clinton warns on overregulating blockchain.

When Stephanie Cohen earned the chief strategy officer’s job at Goldman Sachs in January, she was told she had a blank sheet of paper. Cohen responded by, among other things, launching an internal incubator for new business ideas.

Spilkin's education in math and programming, uncommon in investment banking, has allowed her to bring a disruptive approach to problem-solving at Goldman Sachs.

The company will record a quarterly charge after reporting potential fraud tied to commercial deposit accounts.

Stevens will step down this month as head of the Western region, which had been cited for widespread customer-integrity violations. However, she had been credited with raising concerns about aggressive sales practices.

First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program.

The agency found that banks with less than $10 billion in assets were more prone than larger lenders to go beyond using standard criteria in evaluating borrowers.

Financial firms must follow customers from mobile devices to desktop and back without missing a beat.

Among the three measures is a requirement for boards of publicly traded firms to include more women.

Diebold Nixdorf has announced the departure of its CFO, Chris Chapman, and has hired an interim replacement while working with executive search firm Heidrick & Struggles to find a permanent successor.

NCUA liquidated LOMTO Federal Credit Union following years of significant losses due to poorly performing taxi medallion loans.

Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here's an overview of the changes, along with a recap of the top team winners. Plus, #MeToo plays out on Capitol Hill, as Mel Watt and Brett Kavanaugh get congressional hearings, and Murphy Brown returns.

Geoff Johnson will have a broader strategic role at the CUSO and will interact with the board more.

On Jun. 30, 2018. Dollars in thousands.

Citizens & Northern will pay $43 million for the $348 million-asset Monument.

AmeriNational Community Services plans to form an industrial bank in Nevada.

Laplanche agrees to a three-year securities industry ban and a small fine to settle SEC fraud charges on loan sales; analysts are expecting a "tepid" quarter as some trading activity suffers.

The information you need to start your day, from PaymentsSource and around the Web. Today: Canada considers PSD2-style reforms; Google exec joins Swift; Biometric payments advance in Bahrain; Ingenico joins Visa's transit program.

The Department of Justice and the Securities and Exchange Commission announced settlements Friday related to alleged misconduct that occurred during Renaud Laplanche’s tenure atop the online lender.