Capital markets

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

The company has registered shares that three private equity firms have held since early 2010.

The wealth management firm Boston Private has agreed to sell Anchor Capital Advisors to Anchor’s management team.

Swedish payments company iZettle AB is said to be open to a sale as an alternative to preparing for an initial public offering, in a so-called dual-track process, according to a person familiar with the company's plans.

Rather than forming a consortium of peers to investigate blockchain technology, as many banks have done, one of the world's largest asset managers is acting on its own.

Rather than charge set fees, Aspiration offers customers name-your-fee accounts and donates to charities based on the amount of money it makes.

In a rare show of public support for a security technology, the banks are leading a $40 million funding round for Menlo Security, provider of browser technology that keeps malware at bay — and they’re using it, too.

Royal Bank of Scotland Chief Executive Officer Ross McEwan said the likelihood is waning that the lender will settle a U.S. mortgage-bond probe before the end of the year as he'd hoped, though it's well-capitalized to handle a settlement.

The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages they don't need, a move that officials say will lower consumer costs and could lead to financial penalties for lenders.

Jon Zanoff, managing director of Barclays New York Accelerator, has been coaching fintech startups for decades. He offers tips on how to make it as a fintech startup and run an effective accelerator.

Recent growth has come through acquisitions, including the 2015 purchase of a transportation finance business from General Electric and the 2011 takeover of Milwaukee-based Marshall & Ilsley.

Testing of the common securitization platform is taking longer than expected, but the Federal Housing Finance Agency said it won't delay the 2019 launch of Fannie Mae and Freddie Mac's new single "uniform mortgage-backed security."

One of the world's largest bitcoin exchanges, bitFlyer, has landed in the U.S. with a focus on institutional investors — a move that suggests bitcoin's days as a payments instrument are still a long way off.

The digitally driven retail environment has caused lots of adapt-or-die challenges for payment processors and merchant acquirers, including spotting fraud as it moves from one device and channel to another.

Tech startups differ from a bank’s typical commercial clients; many want a trusted financial adviser.

PayStand, a blockchain business-to-business payments platform, has completed a $6 million funding round through BlueRun Ventures.

Deutsche Bank and Commerzbank have held talks before, and now they have a common shareholder — the U.S. PE firm Cerberus — in a position to broker a deal.

The private-equity firm Cerberus Capital Management has taken a 3% stake in Deutsche Bank four months after buying a 5% stake in another German lender, Commerzbank.

The authority of the Financial Stability Oversight Council to label a firm a “systemically important financial institution” triggers duplicative regulation even if banklike rules are not appropriate to the company.

Fannie Mae servicers are facing pressure from the recent hurricanes, but so far are bearing up under the strain.