The online consumer lender trimmed its losses in the fourth quarter and says an adjusted, non-GAAP metric suggests it's on the path to getting out of the red later this year.

CEO Corbat says “thousands” of call center jobs may be lost; Barclays shareholder sells all stock in the bank and Deutsche’s biggest slashes its stake.

The government-sponsored enterprises are going through a transition period. From proposals for rebuilding their capital cushions to tackling shortages in affordable housing, Fannie Mae and Freddie Mac face a number of key challenges with wide-ranging consequences this year.

It often takes an underlying development, such as a major executive change or the launch of a new product or partnership to excite investors, but Diebold Nixdorf stock prices jumped Wednesday in the wake of a solid, but not outstanding, fourth quarter earnings report.

Among the 2018 highlights for the Honolulu-based credit union were a 108% rise in net income.

The CEO earned a 15% pay increase after the company posted record profits.

Ingenico has hired a new chief financial officer with M&A experience, days before the embattled payments equipment and software provider's plans to announce lower-than-expected 2018 earnings.

BBVA Compass in Birmingham, Ala., reported 6% increases in loans and revenue, as strength in consumer loans and credit cards offset weakness in fee income.

The European Commission says eight unnamed banks operated as a cartel in the €7 trillion eurozone government bond market; authorities detected a 150-foot tunnel leading to a JPMorgan Chase branch in Florida.

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.

The Louisiana company got more aggressive with credit issues and recorded its final charge tied to addressing a regulatory order.

Venmo is not a moneymaker for PayPal yet, but that's not stopping the online and mobile payments giant from dreaming big about where its P2P service is headed.

The U.S. has long lagged in contactless payment adoption — despite aggressive efforts to bring the technology to market years ago — but there’s finally signs of a turnaround as more consumers and merchants get on board.

Wells says it's made progress but needs to do more to rebuild trust with customers and regulators; despite rate hikes by the Fed, big banks continue to effectively pay nothing in interest to savings customers.

Visa CEO Alfred Kelly said the company's earnings, though solid, could suffer if if politicians in Washington and London don’t resolve their biggest issues.

A strong holiday shopping season was enough to save the day for Visa Inc.

Wall Street’s expectations for PayPal Holdings Inc. last quarter proved a little too optimistic. The company’s sales failed to meet analyst estimates, a rare miss after years of growth.

New data from the League of Southeastern Credit Unions sees CUs in the two states exceeding national averages in a number of growth metrics.

More than half of the new depositors the online bank added in the fourth quarter are millennials.

In addition to closing on its largest acquisition to date, the Tulsa, Okla., company reported double-digit growth in energy, health care and commercial real estate loans.