The company, which has been trying to rein in costs for years, said adjusted noninterest expenses rose 8.4% from a year ago to $3 billion for the fourth quarter.

Cash App's parent company Block failed to investigate fraud and unauthorized transactions, and refused to refund customers, the Consumer Financial Protection Bureau said.

Chief Innovation Officer Don Relyea and Head of Applied Foresights Todder Moning described what interested them at this ...

The Consumer Financial Protection Bureau rescinded a proposed rule on nonsufficient funds fees and a 2020 advisory opinion on ...

After shoring up infrastructure following the scuttled TD Bank acquisition, the Memphis, Tennessee-based institution plans to ...

The order calls on federal agencies to support more forms of digital identity documents and could lead more states to adopt ...

The future of the Consumer Financial Protection Bureau, Michael Barr's resignation and credit union acquisitions of banks are top matters facing bankers.

The Pittsburgh-based company's fourth-quarter earnings increased more than 80% from the same period in 2023, beating analysts ...

Scott Bessent, Donald Trump's pick to serve as Treasury Secretary, handled a policy-heavy confirmation hearing with poise, ...

The investment banking giant has been the subject of regulatory probes regarding the way it vets prospective clients. So far, ...

The nominee to lead Federal Housing Finance is head of Pulte Capital Partners, which invests in homebuilding related ...

A midweek rally followed robust bottom line results from JPMorgan Chase, Wells Fargo, Bank of America and several other large banks. But further interest rate cuts may be needed to sustain momentum.