Banking

The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption.

The estimated costs of recent digital glitches at BB&T, TD and Wells Fargo are in the hundreds of millions of dollars, but contractual and economic realities make it hard for banks to sue vendors for the money or fall back on insurance policies.

To attract new customers, banks are getting rid of the paper-based payments process between builders and subcontractors.

Natalie Bartholomew, a banker in Oklahoma, has launched a blog designed to promote women's issues and tout her peers' accomplishments.

The Consumer Financial Protection Bureau is among several agencies that "continue to investigate events related to" last year's Equifax brief, the credit reporting firm said in a securities filing.

Santander's Ana Botin is plotting to make the global banking giant even bigger. Senators suspect a Wall Street cover-up of sexual harassment, and Capital One gets sued by the NAACP.

The issue had forced the Los Angeles company to scuttle its deal to acquire U&I Financial in Washington state.

Great Western is looking to hire a president to give CEO Ken Karels more time to focus on leadership and growth initiatives.

California State Treasurer John Chiang, who’s on the boards of the state’s biggest pension funds, was among those who said the changes weren't enough. Chiang also called for CEO Tim Sloan to step down.

In providing aid, banks can earn Community Reinvestment Act credit and burnish their reputation.

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million.

The bank overcharged some customers and some received inappropriate investment advice; 2.4 million more people were affected by the breach.

The information you need to start your day, from PaymentsSource and around the Web. Today: Democratic senator pressure Trump on North Korea cryptohacks; Ripple expands its use cases; JPMorgan's hackathon encourages diversity; U.K. stores dump cash.

Readers weigh in on whether or not banks should take a stand on gun control, opine on digital banking outages, reflect on banks building more branches in the internet age and more.

The nonprofit is turning to banks and social impact investors to help significantly increase the size of its loan portfolio over five years.

LendingClub, Marlette and others are looking at additional changes to both their securitization and whole-loan-sale programs that could further broaden their investor bases.

Two civil rights groups in Texas allege that Capital One's TV ads featuring black celebrities encourage minority customers to deposit money and use debit cards, while its branch closings in their neighborhoods cut them off from loans and other services.

The founders of Seed are hoping to bring to small-business banking what their previous company, Simple, brought to personal financial management: much-easier-to-use technology.

A retired tech leader looks back on four decades of major changes in the credit union movement.

The interim head of the Consumer Financial Protection Bureau said the agency may allow prudential regulators to take the lead on more supervisory matters to cut down on duplication.