Goldman’s consumer unit, Marcus, has so far lost $1.3 billion; big lenders like JPMorgan Chase and Amex are making loans for small-ticket items like clothes and cosmetics.

Digital financial services provider Revolut is expanding a partnership with Visa that will allow it to nearly double its global footprint by adding 24 new markets, including the U.S.

Charles Scharf’s most immediate priorities will be mending fences with regulators and getting the bank out from under a Fed-imposed asset cap. But he also must come up with strategies for spurring revenue growth and reining in expenses.

Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.

Congress should consider acting quickly or companies could treat the Golden State's new data privacy restrictions as a national standard.

Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January.

Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.

Rep. Denver Riggleman, R-Va., explains why he has introduced legislation requiring greater transparency over the Federal Reserve’s forthcoming payment system.

The regulator has pledged to put forth a rule on credit union-bank purchases before the end of the year. It's likely to lead to another clash with bankers.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.

The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.

By 2025, millennials will represent 75% of America’s workforce, making this generation a key demographic for credit card growth.

The once-acquisitive company is not interested in a "roll-up strategy" in Texas's biggest city, said CEO Phil Green. In a Q&A, he also explained why loan competition is intensifying and what's really keeping business customers up at night.

Regulators may be willing to grant new charters, but economic uncertainties, capital hurdles and inexperience have led the organizers of numerous bank startups to give up in the last few years.

The legislation included changes designed to attract more Republican support, which is key to the measure ultimately becoming law.

The Miami unit of Chile’s Banco de Credito e Inversiones is acquiring Executive National Bank. It bought Miami's TotalBank last year.

JPMorgan, which led the offering, may have “enabled” the startup’s questionable behavior; the system may enable more people to get approved for mortgages.

The North Carolina company agreed to buy the much-smaller Community Financial Holding.

The Maryland company says two recent deals, including its agreement to buy Revere Bank, give it the right amount of coverage across Washington's suburbs.