Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

Discover merger, the war against Visa and Mastercards' swipe fees and budding payment technologies were most popular with ...

The OCC's 2024 annual report said that while the federal banking system remains stable, it faces challenges such as rising credit costs, declining net income, and increasing nonperforming loans.

BNY announced expanded employee benefits and a boost in its minimum wage for all U.S.-based employees; Synovus has added former FIS executive Greg Montana to its executive board; National Bank ...

Financial institutions that build a presence on the social media platform could gain a first-mover advantage and a ...

The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment ...

By naming David Sacks as his "AI & Crypto Czar," Donald Trump has sent a strong signal that forward-thinking regulation of ...

The proposal has similar elements to Republican-led legislation, including a piece of a measure from Vice President-elect JD ...

The Federal Deposit Insurance Corp.'s decision to weigh civil lawsuits against Silicon Valley Bank executives to recover ...

While the Consumer Finance Protection Bureau seeks to cap overdraft fees, banks and credit unions are fighting the effort.

TD Bank Group's money-laundering-related crimes have sparked questions of how banks should be penalized for moving dirty ...

Banks have long touted generative AI's possible benefits for client service or internal operations, but financial ...