Banking

First Data Corp. raised $2.56 billion in its initial public offering, pricing the shares below the marketed range.

KeyCorp in Cleveland posted higher third-quarter profits as revenue soared on growth in fee income from its investment banking business.

Seacoast Banking Corp. of Florida in Stuart has agreed to buy the Orlando, Fla., banking operations of BMO Harris Bank.

Westamerica Bancorp. will close its branch in Upper Lake, Calif., after a failed effort to find another financial institution to take over the branch.

Synchrony Financial has received regulatory approval for moves that will let the credit card lender cut ties with its longtime parent, General Electric.

U.S. Bancorp reported third-quarter profit that matched analysts’ estimates as expenses rose.

Citigroup boosted profit more than analysts estimated after a drop in legal costs helped it cut expenses faster than revenue fell.

CVB Financial in Ontario, Calif., has agreed to buy County Commerce Bank in Oxnard, Calif.

While GOP presidential candidates have focused on repealing or drastically revising the Dodd-Frank Act, Democrats clashed over banking reform Tuesday night during the party's first primary debate.

The chiefs of Fiserv, FIS and TCS Financial Solutions explain how they continue meeting customers' current needs while preparing for the inevitable day when those needs radically change.

If you want to have a big impact within your bank and across the banking industry, you need to get familiar with different parts of the business, have a wide variety of skills, and develop a network of people who like you. So even a lateral move can be helpful, says Wells Fargo's Pat Callahan. She offered this career advice as part of a speech she gave when accepting a Lifetime Achievement Award. (See Callahan's full speech here.)

Square, the mobile-payments company founded and led by Twitter Chief Executive Officer Jack Dorsey, filed for an initial public offering.

Forget the San Francisco bank's pedestrian bottom line this quarter — the real things to focus on are its revenue growth and the reasons behind it.

Capital One Financial Corp. introduced a tap-to-pay mobile-payments service, becoming the first major U.S. bank to offer such functionality in competition with Google Inc.'s Android Pay.

Bank of America's long effort to become a slimmer, more profitable retail bank could be starting to pay off. In a tough quarter for revenue growth, its consumer banking division gained traction thanks to branch consolidation, investments in mobile banking and other factors.

A report on student loan complaints released by the CFPB on Wednesday reveals serious concerns about repayment problems for those with older federal student loans as servicing issues mount.

As the interest-rate can gets kicked down the road once again, PNC Financial Services Group's Bill Demchak plans to play along.

The Federal Reserve Bank of New York’s latest regional look at debt in third-party collections, consumers’ delinquency rates and credit card and student loan debt focused on three Eastern states.

It has been more than a year since Monterey Credit Union submitted paperwork to become a state-chartered bank. Have regulators "raised the price of admission" by insisting on healthier metrics from credit unions?

New York Attorney General Eric Schneiderman’s office is investigating Caliber Home Loans after receiving numerous consumers complaints about its loan servicing practices.