Banking

U.S. Bancorp in Minneapolis plans to join the American Express credit card network by fall 2014.

U.S. Bancorp (USB) in Minneapolis plans to join the American Express (AXP) credit card network by fall 2014.

Financial technology giant FIS announced this week its latest client win: India’s first women-focused public sector bank, Bharatiya Mahila Bank Ltd.

A low-profile strain of malware — recently discovered on a Russian cybercrime forum — could spell big trouble for bank customers and financial services companies alike, says computer security company Trusteer.

The U.S. could be at a competitive disadvantage by being less proactive in the area of gender diversity on boards. We’ll need to engage CEOs everywhere to achieve meaningful progress.

Bank of Commerce Holdings (BOCH) in Redding, Calif., has promoted Randall Eslick to be its new president and chief executive.

Americans continued to cut back on credit card debt and reduce late payments in the third quarter, according to a new report from TransUnion.

A U.S. Bancorp (USB) subsidiary has agreed to acquire the Irish hedge fund administrator Quintillion.

Tayfun Tuzun recently become the Cincinnati company’s CFO after his predecessor was reassigned as part of an settlement with the SEC. Tuzun is now handling financial reporting at a time when regulation is on the rise.

A federal judge has temporarily halted, and frozen the assets of, a Montreal operation that bilked more than $14 million from small businesses and churches in the U.S. for unwanted listings in online business directories.

Law firm Rimon has added a former Bank of America (BAC) lawyer as a partner in its new Boston office.

The buzzy credit card consolidator, at least in its initial incarnation, doesn’t render wallets redundant or, even, allow the consumer to do anything they can’t already.

The copier company-turned-business processing outsourcer for banks and other companies is testing a new option for at-home agents: pods, complete with work desks and video capabilities, that are designed to serve as a private workspace for remote staff.

U.S. bank divestitures hit a 10-year low in 2013, according to a new report by Dealogic.

Bank of Hawaii (BOH) has approved a process where shareholders can pressure directors in uncontested elections.

The CFPB is calling the two new mortgage forms "Know Before You Owe," an apt description since a hodge-podge of federal mortgage disclosures that the new forms will replace have long been considered duplicative and confusing.

Despite complaints from bankers that the controversial legal theory is unfair, many lawmakers said it has been a useful tool in combatting discrimination.

Atlantic Coast Financial (ACFC) in Jacksonville, Fla., has launched a $42 million public offering.

U.S. Bancorp, the largest bank based in the Midwestern U.S., is the leading contender to buy the Chicago branches of Citizens Financial Group Inc. because smaller bidders are wary of raising capital to fund the deal, people with knowledge of the matter said.

Pacific Premier is complementing two liquidity-driven acquisitions with the addition of a restaurant-franchise lending company. Such loans are expected to bring the California company higher-yielding loans. It's another example of banks' strong push for new revenue sources.