Economy

Fannie Mae’s treatment of a reperforming loan package helped drive up earnings by almost 41% to $4.5 billion, delivering a stronger dividend to Treasury ahead of a leadership change.

Credit union trade groups are lauding the Senate's move to provide $250 million for the Treasury Department's Community Development Financial Institutions fund.

A task force created by the American Bankers Association asserts that applying for a bank charter is too time-consuming and that some de novo rules are too rigid.

The industry group wants the FDIC to reject an ILC request from student lender Nelnet and impose a two-year ban on future applications.

Fintech firms have the federal option they have long sought, but meeting the agency’s application requirements will not be easy.

The Federal Reserve’s forthcoming rules for banks with assets of $100 billion-$250 billion hinge on their perceived risk to the financial system.

Catch up on a deluge of sexual harassment disclosures from banks and regulators. Brace yourself — it gets ugly, with rape and strangulation among the lowlights. Then marvel at how one fintech CEO who fell early in the #MeToo era engineered a fast comeback. Plus valuable insight on anger.

Loan growth accelerated for those in our annual ranking of banks with assets of $10 billion to $50 billion. See which of these 65 regionals are the best performers.

Despite some regulatory gains under the last administration, the deregulation underway by Trump officials threatens to endanger the financial system all over again.

Jamie Dimon and Lloyd Blankfein remain prominent public figures, but many other crisis-era CEOs have kept low profiles over the past decade.

Depending on the asset class, about 11%-18% of earnings per share came from tax savings. The looming question is how do they top themselves in 2019 when tax rates don’t change like they did this year.

Freddie Mac produced modest second-quarter results, reflecting a stabilizing business that CEO Donald Layton compared to a utility company.

The agency said multiple stakeholders had requested more time to evaluate the proposal.

At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.

Paying international suppliers through a bank portal is a painful, expensive process that creates unnecessary friction for burgeoning cross-border trade. There are better fintech alternatives, writes Karla Friede, CEO of Nvoicepay.

The letter from 29 Republicans, including some who may chair the House Financial Services Committee next year, urges the Federal Reserve’s top regulator to "recalibrate" the capital surcharge for banks like JPMorgan Chase and Citigroup.

More than 137,000 credit union members will now have access to the online car-buying program.

One way for acquirers and independent sales organizations to stand out in a highly competitive field is to devote a part of their business to worthy causes.

Some startups are eschewing San Francisco and New York to set up shop in the middle of America. And for good reason.

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.