Banking

Sallie Krawcheck, the former Bank of America and Citigroup executive, said women haven't climbed Wall Street's corporate ranks after the 2008 credit crunch because men tend to hire people like themselves when facing a crisis.

M&T Bank Corp. (MTB) in Buffalo has revised its fourth-quarter and yearly earnings downward due to costs related to a lawsuit against its Wilmington Trust unit.

International banks and other global private firms need to ensure that they do more than pay lip service to the privacy laws of sovereign states. In fact, the penalties for failure to comply with privacy laws in many countries can be very serious indeed.

New York Attorney General Eric T. Schneiderman's office has reached a settlement with Union Workers Credit Services Inc. (UWCS) and its president, Joe Malazzo, banning the company from offering credit or financial services or products in New York.

Daniel Lee has been accepting Bitcoin at his family's seven retail stores in Fort Greene, Brooklyn since March 2013 by having customers send the digital currency to wallet addresses he manages.

An ad campaign begun by the Federal Housing Finance Agency may come too late to boost refinancings by underwater borrowers with loans owned by Fannie Mae and Freddie Mac.

Leading origination outsourcer cites "input" from activist investor Orange Capital.

Regional bank executives keep trying to deflect calls for more cost cutting as they seek new revenue sources, and one of them -- BB&T's Kelly King -- seems to be losing his patience with such demands.

Big banks reportedly approved more small-business loans in January than they have in the last three years.

Pan Pacific Bank (PPFC) said Tuesday that its fourth-quarter profit plunged 70% from a year earlier, to $99,000 due to a sharp drop in fee income.

As the role and responsibilities of compliance officers has grown, so has the need to ensure that those employees can effectively communicate with the rest of the bank.

Rep. Scott Garrett, R-N.J. skipped peppering Federal Reserve Chair Janet Yellen on monetary policy on Tuesday, focusing instead on a critical role that has remained left unfilled on the board: a formal overseer of bank regulation.

Bank fees have the power to make or break customer loyalty, according to a new survey from GoBankingRates.

Feedzai launched software on Tuesday that lets banks comb social media posts for clues to fraud. Using the software, consumers can connect their social media accounts on Facebook, Twitter, Google+ or Yelp to their mobile banking applications.

Banks and debt collectors are taking over courtrooms to press consumers for payments. Local officials see these 'rocket dockets' as a way to cope with a deluge of collections suits. But their judicial appearance may also mislead debtors into believing they face offers they can't refuse.

WASHINGTON -- Total Mortgage Services LLC said Tuesday that it has hired industry veteran Andy Pettola to head up its re-branded wholesale lending business.

Payveris and D3 Banking are integrating their technology to let banks and credit unions use Payveris' digital payments functions with D3 Banking's multichannel digital banking service.

The latest investigation into the massive data breach at Target has found that hackers entered the retailer's network by stealing a vendor's password and then patiently waited until the busy holiday season to strike.

Aptean launched complaint management software Tuesday in the U.S. for financial institutions.

Independent Bank Group (IBTX) in McKinney, Texas, reported loan growth and higher expenses in the fourth quarter.