When the latest quarter's figures get added to it next week, that cumulative loss at the Platform Solutions unit — which includes Goldman's consumer lending operations — will approach $4 billion over three years and $2 billion for 2022, people with knowledge of the matter said.

A month after the National Community Reinvestment Coalition blasted KeyBank's mortgage lending record to Black borrowers, the group said it will send letters to the Federal Reserve and OCC about its findings.

The Cincinnati bank plans to close branches in Ohio, Michigan and Indiana and to open up to 35 locations in 2023.

AmeriServ Financial in Johnstown boosted earnings through the first nine months of 2022, but not enough to satisfy Abbott Cooper, who called the company a "prolonged underperformer."

Ryan Crowley, previously a Citigroup client-experience executive, replaces the unit's former chief operating officer, Pooja Daswani. The company also picked a CEO for its North America business and launched a search for a new wealth management chief.

Matthew Quale was formerly the president of Bask Bank, a standalone digital brand under Texas Capital Bancshares.

Investors worry the intersection of rising interest rates and festering inflation could conjure a recession and drive loan losses. This would keep stock prices suppressed, but share buybacks and merger activity could counter that.

Bank regulators should heed the Treasury Department's call to embrace cutting-edge tools for credit scoring.

Eric Bergevin, president and CEO of Integrated Financial Holdings, was killed in the Jan. 7 accident, the company said.

Sustainability and climate change continue to impact the business decisions of banks and fintechs looking to advance their green banking credentials.

The new consumer banking perk offers retail customers the option to receive federal tax refunds up to five days earlier than they'd normally get them from the IRS.

As customers increasingly do their banking via smartphone apps and online, Santander and Argentine rivals including BBVA Argentina, Grupo Financiero Galicia and Grupo Supervielle, like their global peers, are pushing to close physical locations. But regulators won't let them.

More U.S. consumers are relying on their credit cards each month — and many are doing so without knowing the interest rates they're paying.

Significantly fewer households expected to be in worse shape in the coming year than was the case last summer, according to a December survey. The results are a positive sign for banks at the start of earnings season.

The bank hired an executive from The Bancorp to manage its risk operations after the incumbent, Jeff Curry, announced his retirement.

The deal would create a $3.2 billion-asset bank with branches in four states, including an expanded presence in Texas.

Christopher Oddleifson plans to step down from the Massachusetts bank in February. The company named Jeffrey Tengel, most recently an executive at M&T Bank, as successor.

About half of small businesses nationwide are now classified as financially unhealthy: They have difficulty paying bills on time, inadequate cash reserves or insufficient insurance. Eytan Bensoussan, founder and CEO of NorthOne, a neobank for small businesses, shares his thoughts on how banks and fintechs can help these customers survive.

The Tupelo, Mississippi-based institution hasn't made a bank deal since 2018, but it has acquired two asset-based lenders in the past 10 months.

Credit card interest rates are expected to reach a four-decade high this year, a positive for lenders poised to benefit from the increased income while painful for consumers facing escalated borrowing costs.