Economy

The Dallas company inherited the loan relationship from a bank it bought in 2017.

Emphasizing its expansion into multi-channel payments, Credorax is partnering with mobile point of sale developer BBPOS to provide mobile POS solutions for independent software vendors and sales organizations across Europe.

The rise in prices caused by the attacks on Saudi Arabian oil installations should help banks recoup some losses from the 2016 downturn. Harder to gauge is the impact the price volatility will have on U.S. energy production and, in turn, loan demand.

The startup, Drum, provides a marketplace for small businesses to offer promotions to influencers who can help them drum up business.

Jelena McWilliams knows the value of the FDIC’s role in a way most other Americans do not. Now she's in charge as it grapples with difficult questions and sets out to reshape the industry.

The industry is waiting to see if banks will get the same no-cost land leases on military bases that credit unions currently enjoy.

All of the GOP members on the House Financial Services Committee called on the regulator to consider "administrative decisions" to offset the impact of the 2015 decision.

Building capital will help the mortgage agencies move toward the private sector; Virtual Wellness needs to assure banks it's safe to do business with them.

From wrestling with the potential impact of Brexit to charting a course for responsible artificial intelligence, the Most Powerful Women in Banking have faced many challenges during the past year. See who earned the top spots in our ranking.

Since joining U.S. Bancorp in 2007, Leslie Godridge has been largely responsible for building its corporate bank from a regional operation to a nationwide powerhouse.

Myers has thrived as head of global capital equity markets by heeding the leadership advice of her mentor, the late Jimmy Lee: Focus on the people she'd take with her if she ever left J.P. Morgan to start her own firm.

Early in her career, Strybel took a leap of faith when she followed her mentor's guidance and took a role outside her wheelhouse. It paid off, and it's a lesson she shares with younger bankers as part of her mission to pay it forward.

The Women to Watch

Marla Willner has returned to TD Bank to be its head of corporate and specialty banking, and she has a plan for building the unit she leads into a national powerhouse.

A handful of newcomers join some familiar faces on our list of the Most Powerful Women in Finance for 2019.

Diane Morais, the head of consumer and commercial banking for Ally Bank, is forthright about what went wrong after her institutions started offering mortgages in 2017 — and how the institution went about fixing the situation.

Jane Fraser, Citigroup's CEO of Latin America, has helped the bank cut a deal with Mexico's new president that will result in a loss of swipe fees, but may help it gain customers long-term.

Karen Larrimer, who oversees retail banking for PNC Financial, is encouraging women who frequently get caught up in trying to do it all to think harder about prioritizing.

Kate Quinn, the vice chairman and chief administrative officer of U.S. Bancorp., said that banks have long been focused on the experience of customers, but could benefit from greater emphasis on employees as well.

Wolverton has been accumulating responsibility and influence at Synovus in recent years and is the highest ranking woman at the company.