The Federal Deposit Insurance Corp. is set to release its quarterly barometer of the banking industry on May 24.

China’s internet titans are set to supply ample evidence that online spending continues to defy a slowdown in the world’s second largest economy.

Wells said slowing loan growth had hurt its aggressive efforts to lower its efficiency ratio, so it is doubling the expenses it aims to cut by 2019.

The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.

Once focused mainly on growth, the New York-based small-business lender said it will lay off employees and cut other expenses in an effort to become profitable. The moves are a sign of waning patience among investors in the once-frothy sector.

The online consumer lender has struggled to bounce back from a scandal that turned its fortunes a year ago.

Square Inc. is on a roll, proving that it’s not just a niche payments player but rather an all-inclusive business management platform for small companies.

In an attempt to show it went all out to help struggling homeowners, the embattled mortgage servicer Ocwen Financial provided an unusual level of detail about foreclosures it says regulators have deemed "inappropriate."

Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

A one-time capital gain in last year’s first quarter obscured strong loan and deposit growth at BNP Paribas' U.S. subsidiary.

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

Mastercard is trying very hard to get people to use "Masterpass" as a verb, and there is more to this mindset than promoting the card network's digital wallet.

In an echo of the rescue deals of 2007 and 2008, New Residential's CEO framed the transaction as something undertaken to benefit the entire industry.

The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues.

The Louisiana company also said that credit quality in its energy portfolio improved during the first quarter.

The tech-focused banking company reported loan growth of 15% in a solid first quarter thanks partly to stronger lending to private-equity and venture capital clients.

The Delaware company reported loan growth and, for the first time in months, no charges tied to an outstanding regulatory order.

The Cincinnati bank's profit-improvement plan is as detailed as it gets, but there is an argument to be made it is heavy on metrics and light on vision.