Banking

The Mississippi company said it has recorded most of the expected charge-offs tied to the last severe decline in oil prices.

Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues.

The information you need to start your day, from PaymentsSource and around the Web. Today: Square collaborates with Bank of Queensland; Wirecard pushes wearables; Former JPMorgan payments exec Morgan joins Barclays; Qiwi's blockchain subsidiary will award tokens as staff bonuses.

The New York-based online lender is turning to two European banks to fund loan growth in its overseas markets.

Anchor will be sold to FS Bancorp after agreeing to terminate a deal with Washington Federal. The original deal had been delayed as Washington Federal dealt with BSA issues.

Organizers of Gainey Business Bank, a bank planned in Scottsdale, received approval from the state's banking regulator to raise capital while completing a charter application.

Other aggregators came to the bank's defense, while one CEO suggested Plaid's very public protest was unfounded.

Matthew Prosseda, former president and CEO of First Keystone Community Bank, was hired by Kafafian Group to advise banks on strategic planning.

The appointment of David Solomon, who will take over for retiring CEO Lloyd Blankfein, has not altered the bank's aggressive plan to build a mobile phone-based bank for consumers in the U.S. and beyond.

The company, which is dealing with a lawsuit from the Federal Trade Commission tied to certain fees, hired Ronnie Momen from GreenSky as its chief lending officer.

As part of a capital-formation bill, House lawmakers are attempting to sprinkle in a handful of provisions to ease the industry’s burden.

It ties checking accounts and cards to gaming and other apps to provide automated savings.

The North Carolina city lost all its locally owned banks, but a fintech push and more favorable economics for de novos could lead to an entry-level resurgence.

The payment is likely to bring an end to the saga of the failed corporate credit unions, which began nearly a decade ago.

Declines in corporate banking and energy loans were part of the reason loan growth was light, but the Dallas bank reported strong earnings thanks heavily to fatter margins.

David Solomon is officially named as Blankfein’s successor; the British bank is under pressure from an activist shareholder to boost its stock price.

The information you need to start your day, from PaymentsSource and around the Web. Today: Link pares down its ATM bank incentives; BitPay gets regulatory clearance in New York; Amex gets in the blockchain patent game; Crypto gets a buy button.

Barclays, Morgan Stanley, True Positive and other firms are turning to the technology for simulations and problems that demand large quantities of computing power.

Bank of America’s consumer loans grew a lot. But its rivals? Not so much. The mixed results raise questions about whether BofA’s performance is a leading or trailing indicator, and if credit quality is going to be more of a problem industrywide.

The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure.