Economy

The proposed CommerceOne Bank in Birmingham, Ala., would be run by former executives at First Partners Bank, which was sold earlier this year.

For the second week in a row, the CFPB's leadership shakeout dominated readers' attention, while a regional banker discussed efforts to fight hacking and the impact of the tax cuts, and bitcoin's price soared.

Howard Bank’s Mary Ann Scully brings hometown banking back to the Charm City; Blythe Masters is a candidate to lead the London Stock Exchange; law professor Tamar Frankel is still shaking up Wall Street, even at 92.

Until recently, there was a consensus among policymakers that Fannie Mae and Freddie Mac needed to be eliminated. That just changed. Here's why.

Fifth Third last bought a bank in 2008, but CEO Greg Carmichael says "strategic bank M&A absolutely makes sense," and the Cincinnati bank is poised to clear up a blot on its regulatory record that blocked dealmaking.

Farmer Mac has terminated President and CEO Timothy Buzby for violating company policies not related to its financial and business performance.

The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.

The maximum loan amount for Federal Housing Administration mortgages will go up in more than 3,000 counties for 2018.

A whistleblower charges that during the Obama administration, Treasury's Office of Financial Research manipulated information that it provided during a review by the Governmental Accountability Office.

The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.

As some lenders exit indirect auto lending, those that stick around have an opportunity to control pricing and reach more customers.

Columbia Financial will sell about 43% of its stock in a public offering that could raise up to $493 million.

More regulation, more regulators and more regulatory uncertainty both increase the cost of and inhibit financial services and payments innovation.

Even the efficiencies of an upgrade may not be enough for the human touch that some higher-risk accounts require, leaving a "painful" process for merchants and acquirers.

Citigroup expects to take a noncash charge to earnings of about $20 billion if the Senate's version of the tax reform bill is enacted, Chief Financial Officer John Gerspach said.

House Financial Services Committee Jeb Hensarling shifted tactics on housing finance reform Wednesday, acknowledging that a bill he’s pushed for years to virtually eliminate the government’s role in the mortgage market lacks the support to become law.

The Senate Banking Committee's passage of a regulatory relief bill is fueling optimism about its advancement, but it still must clear a series of legislative hurdles before becoming law.

The Office of Financial Research said the failure of a large financial institution could still ignite a crisis; hotel chain plans to use both issuers for its credit cards.

The Consumer Financial Protection Bureau’s 2013 guidance putting indirect auto lenders on the hook for unintentional discrimination by their partner dealers should have been subject to congressional review, the Government Accountability Office said Tuesday.

The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.