Banking

Marvin Schoenhals had been the Delaware company's chairman for 25 years. He stepped down as CEO in 2007.

Fifth Third’s new chief legal counsel, Jelena McWilliams, might be changing jobs again and Australia’s first female bank CEO tells all in a memoir. Plus, the advantage with female founders, and young feminists on the rise.

The key to an unsolicited bid is to avoid looking like a bully. That requires clear communication with a target's investors, employees and clients — along with any other banks you might eventually want to buy.

At the 40th Directors and CEOs conference, praise from a legendary journalist, reflections from the NCUA board, lessons in 'love' and more.

The South Pacific island's leaders have a creative solution to fix their cash-based economy that hasn't been done in the U.S. in nearly a century. But will regulators approve?

CFS and its sister company, Sorrent Pacific Financial, will retain their current leadership but be owned by Atria, a newly formed modern wealth-management holding company.

Bankers who shake more hands, ask more questions and, yes, hand out more business cards than the competition will win more clients.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Politics may impact Ant/MoneyGram deal; First Data extends sports branding; Singapore forms payments committee; Ransomware's severe impact on small business.

The bank agreed to pay $4.6 million to settle charges it didn't tell consumers why their checking account applications were rejected; Winklevoss brothers to supply bitcoin data to Chicago exchange.

The online lending platform Kabbage announced Thursday it has raised $250 million from the Japanese telecom giant SoftBank, marking its largest equity fundraising round to date.

Republican members of Congress are pressing the regulator for details on the high attorney's fees it has incurred in its quest to recover losses from the corporate credit union collapse.

The auto-lending vendor’s growth comes as car loans continue to be a major growth area for credit unions, according to recent data.

So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?

The Department of Financial Services and Attorney General Eric Schneiderman are both inquiring.

The Federal Reserve Board has to have a community banker among its members. But that may be complicating the president's ability to fill vacant seats at the central bank.

The Consumer Financial Protection Bureau ordered JPMorgan Chase to pay a $4.6 million fine for failing to provide accurate information when denying checking account applicants.

With the environment in Washington favoring deregulation, banks are pushing regulators to let them back into the payday lending game. They should know better.

Six states and D.C. still charge in-network fees when unemployed workers cash in assistance delivered through prepaid cards.

Customers can ask Amazon’s virtual assistant about account balances, spending habits and financial questions that they may be too embarrassed to ask a human.

JPMorgan Chase is among four banks sued by a trustee for investors in the debt of Millennium Health LLC, alleging the lenders failed to inform them of a federal probe into the billing practices of the borrower.