New CEO Ronald O'Hanley is pushing to reduce expenses, automate more functions and simplify the organizational structure.

Shane Knighton, who previously worked at Member Business Lending, will take over for the retiring Gordon Dames, who served as interim CEO.

The unit is under investigation by federal agencies for misrepresenting pricing; investment bankers are looking at a possible 15-20% drop in bonus money.

George Scharpf had been the New Jersey bank's leader since 1981.

The credit union said that it has hired a firm to find a replacement for longtime President and CEO Joseph Garay.

Deutsche Bank's management board plans to cut the bonus pool by around 10 percent as the German lender juggles cost pressures while trying to retain key employees, according to people familiar with the matter.

Pay for female staff at HSBC's U.K. business fell further behind male colleagues' in the last year, according to new figures from the London-based bank.

A Financial Services subcommittee planned by Democrats to root out discrimination and expand financial inclusion could put institutions on the hot seat, but it could also foster regulatory relief.

A Financial Services subcommittee planned by Democrats to root out discrimination and expand financial inclusion could put banks on the hot seat, but it could also foster regulatory relief.

A. Scott MacKnight is now the president and CEO of Triangle Credit Union after its longtime leader, Maurice Simard, retired.

Less than three years after taking the helm at Baltimore Washington Federal Credit Union, Lester Warby is set to take over at STAR Credit Union in Corpus Christi.

The accounts — which eschew paper checks and overdraft protection — appeal beyond the low-income customers they were intended for; lenders are embracing artificial intelligence systems to analyze more data to determine creditworthiness.

As the federal budget dispute shoves an increasing number of government workers to the sidelines, there’s a window to provide payments relief that’s superior to options such as payday lending and bartering.

As banks begin to use artificial intelligence in their businesses, they’ll need to consider the potential for bias as well as the impact new technologies will have on workers.

Here's a look at some of the industry’s latest hires and promotions, along with credit union employees who were recognized for their work.

The Lafayette, La.-based credit union was accused of firing an employee who complained about a training video with racially offensive content.

Edward Paternostro will step down Jan. 2, and the institution's current COO, John Deieso, will take the helm.

As the U.S. undergoes a dramatic demographic shift, credit unions must be proactive to ensure their employees represent the communities they serve.

An accusation of sexual discrimination plays out in court for BNP Paribas; Jeffries’ top execs chastise Wall Street men over #MeToo paranoia; blockchain startup loses Blythe Masters; and RBS might make history with a female CEO-CFO duo.

Bank of America is loosening the reins on its investment bankers, sending out dealmakers in search of more middle-sized transactions in the U.S. and seeking to regain market share after cutting back on risk.