The New Orleans company, which recently sold nine branches and $1.3 billion in loans, was ordered to raise more capital or find a buyer.
Europe's largest bank gets accolades for its choice of chairman; Thomas Hoenig calls for standalone bank holding companies for "non-traditional activities."
The administration’s executive order on financial regulation is open to interpretation, but the document will likely serve as the touchstone for financial regulators in the years ahead.
Financial institutions see their best chance to repeal interchange debit fee caps, but merchants are confident they can prevent Congress from taking up the issue again.
Euronet Worldwide Inc. offered to buy MoneyGram International Inc. in a cash deal that the firm said values the company at a higher premium than a competing bid from billionaire Jack Ma’s Ant Financial.
Selling a participation in a line of credit to the Puerto Rico Electric Power Authority reduced the company's nonperforming assets by 9%.
The banking industry as we once knew it has changed, but a world-class, person-to-person, in-store experience still provides a unique way to connect with customers on a genuine level.
Jamie Dimon is trying to transform what has long been seen as a sleepy Washington club for CEOs into a lobbying powerhouse.
The Justice Department sought information from BMW AG's leasing business last year about how it handles overdue payments from U.S. military personnel, according to documents obtained by Bloomberg.
Bank of America views Dublin as its default destination for a new hub inside the European Union if Brexit means the U.K. loses easy access to the single market, according to one of the firm's top executives in Germany.
With a hand from Geezeo, Jack Henry is rolling out a product that will guide consumers in managing their finances and is said to give banks better insights.
Social Finance's online borrowers are defaulting at higher rates than underwriters for one of its bond deals had expected, the latest sign that an industry that hoped to upend banking is now getting tripped up by bad loans.
The cuts punctuate the end to a rapid expansion period at the company, which now seems to be prioritizing profitability over growth.
Thomas Vartanian, a corporate lawyer and former regulator, is a noted critic of the Dodd-Frank Act who is reportedly being considered for a key spot in the Trump administration.
Over the past six months Wells Fargo and U.S. Bancorp (for vastly different reasons) have activated their CEO succession plans, sparking questions about who else is in line to lead the industry’s large banks. Here are some of our most intriguing objects of speculation.
Companies that fail to understand blockchain and distributed ledger technologies properly risk making expensive missteps.
If the Federal Reserve and other central banks began issuing their own digital currencies, they could benefit consumers, boost the economy and fight financial crime. But not without risks to cybersecurity, individual privacy — and possibly bank profits.
ICBA Bancard is partnering with payments provider linked2pay to more easily deploy Automated Clearing House and other transaction types through a cloud-based platform.
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