Corporate finance

Borrowers can benefit from more inclusive data and tightening of certain credit file standards, but so far lenders continue to rely on older models.

Barclays, Goldman Sachs, HSBC and Morgan Stanley are backing a shared vendor risk management platform. The tough part will be agreeing on a final product.

ES Bancshares, which recently sold a branch near Poughkeepsie, plans to open second branches in the two boroughs.

Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more.

The message to banks is loud and clear: A vendor’s mistake is your mistake. You can outsource a function, but not the responsibility for mishaps.

The eight winners of an annual fintech competition will receive $250,000 in capital and resources.

The global push to expand financial inclusion takes many paths, based on the challenges—and unique market advantages—in countries where vast portions of the population lack access to modern banking services.

Not all data providers are created equal, and credit unions must carefully evaluate any new partner’s technology, processes and more.

MidSouth Bancorp in Louisiana, which faces a formal order from its regulators, will cut jobs, close branches and slash its dividend as it works to reduce its energy exposure.

Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more.

Fed Gov. Jerome Powell says central bank will provide more information to banks about how it conducts annual tests; bank CTO discusses its 2018 blockchain test.

Citigroup joined B of A and JPMorgan in predicting double-digit declines for second-quarter trading revenue. The situation adds to the many revenue challenges facing banks.

Banks have not adjusted their business models to accommodate growing numbers of financially precarious Americans. But hard times should not disqualify people from the banking system.

Readers weigh in on a proposal for encouraging small bank installment loans, a firm that uses AI to reduce false alarms, what security improvements are needed for sharing customer data, and more.

The Toronto bank said increases in deposits and loans spurred a 20% rise in profit at its U.S. retail bank from a year earlier.

Royal Bank of Canada got an earnings boost from its U.S. capital markets business and its ownership of City National Bank in Los Angeles, helping to offset softer growth at home.

The FDIC's Quarterly Banking Profile was mostly good news for banks, showing higher profits and lower noncurrent loans, but loan growth remains a worry. Following are insights into bank earnings.

Bank earnings leaped to $44 billion in the first quarter, a 12.7% increase from a year earlier, but loan growth marked its first quarterly slowdown since 2013.

With the future of payday lending in flux, the Office of the Comptroller of the Currency has the ability to help provide consumers with a better credit option.

James Donovan cites family matters for withdrawing his name from being named Deputy Treasury Secretary; strong earnings from the Big Five may ease concerns about Canada's overheated housing market and consumer debt.