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 ...

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.

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 Seattle-based lender paid penalties of $200,000 and $34,000 in connection with enforcement actions it received in 2013 and 2020.

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 serial acquirer seeks to buy its seventh bank in about 11 years, New Jersey-based 1st Colonial for $101 million. The following day, Mid Penn said it’s acquiring an investment management firm, too.

Attorneys for the Fed governor called President Trump’s “cause” for Lisa Cook’s dismissal “flimsy” in a brief Thursday. Several former Fed chairs and Treasury secretaries also weighed in.

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

The FTX Recovery Trust has sued crypto mining company Genesis Digital Assets for $1.15 billion in effort to claw back one of the “most reckless” investments made by former FTX CEO Sam Bankman-Fried.

The Mounties have charged a former Royal Bank of Canada employee with fraud and identity theft after he allegedly accessed Prime Minister Mark Carney’s banking profile as part of a scheme police ...

A Colorado bank and its Virginia rival, Eastern Point Trust Co., have traded lawsuits that have alleged anticompetitive practices and intellectual property infringement in the qualified settlement ...