Banking

Visa Inc., the world’s largest payments network, posted fiscal third-quarter profit that beat analysts’ estimates as customer card spending accelerated. The company said it will buy back as much as $5 billion of its shares.

Regional banks like BB&T, Huntington Bancshares and Citizens Financial are growing through acquisition and targeted business-line initiatives, but they are having to contain spending simultaneously.

WASHINGTON — Two top Senate Democrats are calling on financial regulators to better examine the role of financial technology firms and how their activities interact with the existing regulatory structure.

North Carolina's second-biggest community bank agreed to sell itself at a rich premium, signaling that the state has become an attractive market for acquirers. Adding an out-of-state bank could also create opportunities for *locals* to poach business.

Of the 10 fintech startups that pitched their wares at startupbootcamp FinTech New York on Wednesday, half plan to sell their software to banks. Only a few vie to take on established players.

Boston Private Financial Holdings on Thursday reported a lower second- quarter profit amid broader declines in its wealth management business.

Bankers are taking the unusual step of asking the government for additional regulations — ones that can be used to block the Consumer Financial Protection Bureau from seeking more data from financial institutions.

N26, a Berlin startup that offers financial services directly to consumers, said Thursday it's received a German banking license that will let it offer a fuller range of products across Europe.

A certification process can provide participants in smart contracts with greater assurances they won't lose their money (see: the DAO). But in distributed systems, the true test of security comes when software is released into the wild.

One of the nation’s biggest banks and the so-called “everything store” have joined forces to extend loan discounts to students.

Strong commercial loan growth drove an 8% year-over-year increase in Private Bancorp's second-quarter profit.

Profits rose at Citizens Financial in the second quarter thanks to higher-than-expected fee income and loan growth, including improvements in mortgages and auto finance as well as a continuing surge in student lending.

The Office of the Comptroller of the Currency's recent guidance on internal messaging software could impose significant hardships on banks and runs contrary to prevailing guidance on cybersecurity.

In markets where consumers spend a substantial amount of income on housing, it's often cheaper to rent than buy. But in these expensive markets, owning a home is more affordable.

People's United Financial in Bridgeport, Conn., has agreed to buy a New York wealth-management firm.

Morgan Stanley outlined its plans for deploying automated advice tools, with executives emphasizing that it was only a part of its digital strategy.

HUD reverses course and decides to investigate findings by Inspector General that some DPA programs don't comply with FHA rules.

F.N.B. Corp. in Pittsburgh is making a big play to enter North Carolina.

How the Consumer Financial Protection Bureau controls the release of new proposals or rules undermines the public debate over consumer regulations.

BB&T in Winston-Salem, N.C., reported higher quarterly profit that reflected loan growth and its recent acquisitions.