Investments

How the pandemic is accelerating trends in financial advice and changing the way Americans manage their money.

How technology is enabling new types of payment transmission and what this means for banking.

The biggest U.S. banks, led by JPMorgan Chase and Bank of America, are expected to pay out $142 billion in capital to shareholders after clearing this year’s stress tests.

Southern Bancorp, a community development financial institution, will devote part of a multimillion-dollar investment from the payments giant to developing technology that helps consumers budget, buy a home and more.

The fintech, which is going public through a merger with a special-purpose acquisition company, has updated its logo and messaging to emphasize its capabilities in e-commerce and digital marketing. It's part of a trend of traditional payments such as TransferWise, Fattmerchant and even Mastercard repositioning themselves to win over investors.

It is possible for financial firms to value the future of the planet and lift up marginalized communities while still generating strong returns for shareholders. Here's how.

Goldman Sachs Group and JPMorgan Chase are ditching safeguards on credit lines to CLO managers, to defend their market share as arrangers in the lucrative business.

Federal Reserve Chairman Jerome Powell said the market dislocations of the past year resulting from the pandemic had changed the impact that the supplementary leverage ratio was having on the largest banks. After temporarily easing the requirement, the central bank is considering longer-term reforms.

In the past five years combined only 14 banks failed to meet the minimum market capitalization for inclusion in the index. In this year's rebalancing, 82 are being removed and some may have to consider strategic options to appease investors.

The largest financial institutions say the agency’s proposal to require public companies to disclose their contributions and vulnerability to climate change is consistent with investor demand. Community banks say it would create an unnecessary regulatory burden.