The smaller credit union, Dearborn County, sought a merger partner as a way to address its aging technology and shrinking membership pool.

Two big names in crypto are cutting jobs as the digital currency market continues to spiral downward.

Black employees at Citi in the category that includes midlevel managers jumped to 777 from 633 a year earlier.

Betting on a business data startup, Citizens closes a deal and more in banking news this week.

Fintech partnerships and new legislation could help make marijuana more viable and less risky for banks.

The bank's purchase of Digital Payments Torana has become a key element of a newly combined payments business run by Amit Dhingra, enterprise payments director. The fintech's capabilities allow the bank to better serve government agencies, health care providers and other business categories.

The names of two Goldman Sachs Group executives mentioned in years-old internal complaints won’t be made public in one of Wall Street’s biggest gender discrimination lawsuits.

Federal prosecutors in Manhattan are investigating the bank over allegations that it conducted so-called fake interviews with nonwhite and female job applicants, The New York Times reported Thursday.

The American Bankers Association’s credit conditions index fell sharply, as economists foresaw dampening loan demand. The weaker outlook lines up with major bank CEOs’ increased worries over a possible recession.

The lender’s minimum wage will rise to C$20 per hour in Canada and $20 in the U.S. in July, and the bank is committing to raise those figures to C$25 and $25 by the end of 2025, according to a statement from CEO Victor Dodig on Thursday.

A top mining magnate and a little-known bank backed by major global investors are among initial bidders for Citigroup’s Mexican unit, according to people with knowledge of the talks.

Harper, who was initially chosen to replace Debbie Matz as chair after her retirement, will lead the National Credit Union Administration until 2027.

Credit Suisse Group Chief Executive Thomas Gottstein batted away questions on whether the bank is a takeover target and said he’s still holding out hope for a profitable second quarter.

State Street fell the most in almost two months after declining to comment on a report it’s looking to acquire Credit Suisse Group.

The executive has been given an expanded role in which he will tap into Santander Group’s annual $5 billion investment in technology.

Bank of Montreal hired Piyush Agrawal from Citigroup as chief risk officer to succeed Patrick Cronin, who’s stepping down later this year.

Codat, a software startup that connects small businesses with financial institutions, raised $100 million in an equity funding round led by JPMorgan Chase’s growth-equity arm.

Ray Skinner, who was most recently chief executive of Town & Country Bank in Missouri, will lead MNB Holdings, which owns Mission National Bank.

Amy Bonitatibus will succeed Barri Rafferty, who left the San Francisco bank in early May.