The intrusion did not affect the financial industry directly. But it presents a warning to banks that are deploying agentic ...
A New York judge refused to dismiss Attorney General Letitia James's suit accusing Zelle's operator of enabling more than $1 billion in scams.
Javier Ferrer, 64, said he is stepping down to focus on his health and spend time with friends and family. He plans to hand the reins to Chief Financial Officer Jorge Garcia.
Bread Financial's point-of-sale installment loans, called Bread Pay, helped drive the lender's credit sales amid a wider earnings beat.
Some analysts and investors zeroed in Thursday on weaker net interest income guidance. But Huntington executives said they expect strong second-half results.
Optus Financial in South Carolina will acquire M&F Bancorp in North Carolina in a deal that's set to create one of the largest Black banks in the United States.
Two quarters after it merged with Synovus Financial, Pinnacle Financial Partners is keeping up the aggressive recruitment it's known for. Since the start of 2026, the company has hired 124 bankers.
Brian Johnson, President Trump's nominee to lead the Consumer Financial Protection Bureau, navigated a somewhat contentious Senate Banking Committee hearing dominated by Democratic opposition but ...
But banks need to be proactive and build their own controls, not wait for vendors to solve this. Imagine a student being tested on how smart he is. Instead of answering the questions, he slips out of ...
Staffers from the Federal Reserve Board and reserve banks took 'several months' to update bank supervisory marks after issues were resolved, a recent inspector general report found.
Banks can price in risk and manage their way around both left-wing and right-wing administrations. But the kind of uncertainty that arises from today's brand of politics is impossible to model.
The Federal Reserve is rethinking the size and scope of its holdings. Academics and industry analysts alike say liquidity ...