Economy

Throw Cathy Bessant of Bank of America a question about a hot tech topic, and she's got answers. Blockchain? She loves it but is still waiting for its use case. Patents? The law is making us be aggressive. Swift? A call to action. And that's just the start.

With Democrats already opposing a bill by Rep. Jeb Hensarling, R-Texas, to roll back Dodd-Frank, his chances of long-term success depend on support by Donald Trump. The two met to discuss the plan on Tuesday.

House Financial Services Committee Chairman Jeb Hensarling R-Texas, is set Tuesday to unveil an ambitious plan to revamp the Dodd-Frank Act and replace it with a capital-based alternative during a speech in New York.

Embracing technology that gives innovators access to their platforms will provide banks with the upgrade they sorely need.

In a pair of proposals approved by the Federal Reserve Board Friday afternoon, the Federal Reserve signaled to the insurance industry that it knows the difference between them and banks. But the devil may still be lurking in the details.

New Resource Bank has opened its first branch outside its home base of San Francisco with an eye toward furthering its green-lending mission.

MFA Financial has carved out an impressive niche for itself by buying re-performing and nonperforming residential mortgages and securities.

The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.