Federal Reserve Gov. Michael Barr called last week for the decoupling of stress tests from capital requirements, expressing “deep concern” about changes proposed in April. Barr, a Biden appointee, has ...

Under Harris, among other actions, NYDFS closed Signature Bank in 2023 – in what has become the fourth-largest bank failure in U.S. history. Signature’s failure, alongside that of Silicon Valley Bank ...

The Canadian lender’s executives detailed plans to slash costs by $1.8 billion a year and deepen customer relationships to make the bank more efficient while revving up revenue growth.

Heritage Financial will buy Kitsap Bank – adding 17 locations to bolster its presence on two peninsulas west of Seattle. It’ll be Heritage’s first acquisition since 2018.

The Seattle-based lender paid penalties of $200,000 and $34,000 in connection with enforcement actions it received in 2013 ...

Former FTX CEO Sam Bankman-Fried invested over $1 billion in a crypto mining company based on shoddy paperwork and “red flags ...

A Colorado bank and its Virginia rival, Eastern Point Trust Co., have traded lawsuits that have alleged anticompetitive ...

The bureau contends the bank and tech giant have paid their penalties in separate cases related to unemployment benefits restrictions and the launch of the Apple Card, respectively.

EWS, Nacha and the Financial Technology Association told regulators that collaboration, information-sharing and more consumer education are needed to tackle payments fraud.

Plaintiffs argue the Utah bank and a fintech partner kept data unencrypted. A former employee accessed the data, but FinWise ...

The deal would give the Muncie, Indiana-based bank $21 billion in assets and entry to the neighboring Louisville, Kentucky, market.

Our clients are doing crazy, fun, innovative things,” one new Stifel hire said. “We get to provide a lot of hopeful value to help these clients be successful.” ...