Robuta

Goldman is requiring its employees to record the date they received their shots and the manufacturer of the vaccine, but they won't have to show...

But an updated directive lets most consumer-unit workers — excluding branch employees and some in operations — stay remote until 2021.

The automaker's previous lending arm, GMAC, held an ILC charter until 2008, when the Federal Reserve gave emergency approval for it to become a bank...

Julian Wentzel — previously HSBC’s head of global banking for the Middle East, North Africa and Turkey — becomes sustainability chief after serving as...

Regulators finalized a rule cutting capital requirements for the nation’s biggest banks – and proposed a separate trim for community lenders.

The move comes two weeks after the bank said it would eliminate its 401(k) program's 6% matching contribution for employees who make $250,000 a year...

Bank of America's score jumped 45 points on a 1,000-point scale to propel it to first place. JPMorgan Chase rose 35 points to narrowly edge out Square...

Employees at Wallingford’s North Colony branch wrote to Wells Fargo CEO Charlie Scharf this month, noting understaffing and last-minute schedule changes, and...

The bank's Swiss unit helped 720 U.S. clients hide $825 million in assets from the IRS between 2000 and 2010, it admitted. HSBC has quintupled the...

Like any good drama, last week provided a recap of several long-running narratives in banking before the industry launches into 2021's latter half.

Some of the banks in the plus column should be no surprise. Citi, for example, announced plans to hire 2,500 coders. However, Wells Fargo's days with...

Jim Esposito — a 28-year veteran who had sought to become the bank's CEO or president, The Wall Street Journal noted — co-led a unit that brought...

Both banks would probably argue they’ve been future-focused for years. But with the U.K. divesting from NatWest, and Wells’ asset-cap days waning,...

At issue is whether in-app prompts or gamification strategies constitute investment advice. In a tweet, the agency's chairman compares such practices...

The fintech was served a subpoena this year by the state attorney general’s office related to usury concerns, the firm’s head of government affairs and...

The Providence, Rhode Island-based lender also aims to achieve carbon neutrality by 2035 and to engage with its oil and gas clients by next year regarding...

Among the hardest-hit units is technology, media and telecom, people familiar with the matter told Bloomberg.

Liberal and conservative justices pressed lawyers on the cause and notice in President Donald Trump’s attempted firing of the Fed governor – and the...

Daryl Byrd, who led IberiaBank for two decades, is leading an investor group that is acquiring Louisiana lender M C Bank – and loading its C-suite with...

The departure — for personal reasons, according to AdvisorHub — may raise questions about the bank’s effort to double down on wealth, which CEO Jane...

Still, the measure garnered support from 42.7% of voters — notably more than the 33% and 31% of Goldman Sachs and Bank of America shareholders, respectively,...

The bank's CFO will succeed the longtime chief executive at a crucial moment for regional banks like Zions, which saw its profits drop 50% in the...

The company plans "to amend elements" of the application "to reflect changes to our business." But advocacy groups wrote...

The Fed's decision to let changes to the supplemental leverage ratio expire March 31 means Treasurys and deposits will again count as assets. As a...

With the launch of its new checking service, the payment network aims to expand its relationship with cardholders — and not miss out on attracting consumers...

The transaction, including a $225 million investment from private-equity firm Warburg Pincus, would create a roughly $23 billion-asset bank with 80 locations.

JPMorgan's proxy statement is mum regarding the Piepszak-Lake race, but neither executive is the bank's best-paid woman. Meanwhile, the jury...

With a market of specialized fintech offerings and a customer base hungry for streamlined solutions, there's a race to become the provider of all...

Another senator, Cynthia Lummis, R-WY, raised a potential ethics quandary, seemingly accusing Raskin of using her influence to help a fintech gain access to...

The bank will use a geospatial definition of the region preferred by Indigenous leaders and activists, but the change does not bring any inherent restrictions.

Operations and call center workers will return to the office Sept. 7. Technology, corporate and back-office workers will return in October. And some New York-...

The pay gap between women and men is to blame, said the CEO of the investing app whose data was used in the study. But overdraft fees are at their highest...

The purpose-driven nonprofit follows fintech Brex in applying for deposit insurance with the FDIC.

The company’s token would be redeemable at 1 cent per certificate, rather than $1, and interest would accrue daily and be paid monthly to the user, according...

The bureau dismissed the case without prejudice – meaning it could refile the lawsuit – setting it apart from other recent dismissals by the Russ...

The regulator wanted the bank to list any harm to assets or valuation, as well as the impact the bank has felt from supply chain disruption, heightened...

The regulator is no longer requiring the bank to submit a breakdown of the resources it’s employing to resolve a 2020 order likely brought on by a $900...

The Consumer Financial Protection Bureau faces a budget crunch or closure in early 2026, clouding the fate of its open banking rule revision.

The move leaves Goldman Sachs among the last holdouts whose starting salary is under the six-figure threshold. However, the bank's fiscal year ends...

The Alabama-based commercial bank named a Texas regional CEO and said it would open a Houston office, in the latest move by a lender to expand in the coveted...

GreenSky received more than 6,000 complaints between 2014 and 2019 from customers who said they had not authorized submitting a loan application, the bureau...

An insights function, leveraging data and analytics, is also among upcoming enhancements, the bank’s head of digital said. The tool will give tailored...

Bank, fintech and consumer advocacy panelists disagreed this week during a panel discussion about the basis for imposing fees for data use.

Europe's largest lender is closing 35 to 40 branches but repurposing 20 to 25 other locations as international wealth centers to serve its mostly...

The bank’s CEO Jamie Dimon called the misstep, in connection to the bankrupt subprime auto lender, “not our finest moment.” He also warned that “when...

The custody bank Thursday said it would halt new banking business in Russia and suspend investment management purchases of Russian securities in a move that...

The note emphasizing risks comes a day after the regulator issued a cease-and-desist order giving bankrupt platform Voyager Digital two business days to remove...

Wells lost $576 million over equity securities but is also bolstering its reserves by that much. Meanwhile, State Street wants to renegotiate the price of an...

The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

The deal, slated to close after June, gives the Swiss bank 470,000 new clients, $27 billion in assets under management from the fintech, and an entry point to...

The bank has made insufficient progress toward resolving nagging data quality, risk management and internal control issues, the OCC and Federal Reserve said...

The vast majority of Helm’s loans comprise residential real estate from borrowers whose primary homes are outside the U.S.

The agency wants to learn about costs, fees and consumer data risks associated with open banking as it seeks to revise a 2024 rule.

The carmaker joins GM, Ford and Edward Jones in awaiting the OK to form industrial banks. The FDIC's acting chair said ILCs could boost creation of...

It's the first submission of the plans since regulators found shortcomings in four of the country's eight global systemically important banks.

The bank’s announcement that it would set aside $552 million in loan-loss reserves and cut its dividend came amid pressure from the Office of the Comptroller...

The lawsuit, regarding Gemini Earn, is appropriate to dismiss because its investors have already received 100% of their money back, the SEC said.

Five firms in all received conditional approval from the regulator, though Coinbase and Stripe’s Bridge were not among them.

A café might be a reason to visit a bank branch. But a customer journey map would let banks see how customers interact with digital channels outside the...

Consumers and financial services firms will pursue their mutual interests in sharing personal data, despite a move by the Consumer Financial Protection Bureau...

The two Fresno-based banks will combine to create a “more robust and more visible” $5 billion-asset lender, Community West’s CEO said. The transaction is...

KeyBank ($10 million) and U.S. Bank ($8 million) warned investors of the WhatsApp probes in November. Huntington ($1.5 million) self-reported and took the...

The deal would roughly double — to more than $600 billion — the bank's assets in Europe and expand its ESG footprint.

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...

The bank “failed to surveil billions of instances of trading activity on at least 30 global trading venues,” the OCC alleged. “These gaps and...

First Citizens Bank of Butte will be the sixth whole bank a credit union has announced it would acquire in 2025.

Charlie Javice has been in talks with prosecutors to settle charges of wire fraud, bank fraud, securities fraud and conspiracy, according to a court filing...

The JPMorgan CEO expects AI will result in the bank employing fewer people in five years, even as the company grows globally.

After wishing the president-elect well and thanking him for a “very nice note,” JPMorgan Chase CEO Jamie Dimon said, “Also, I haven’t had a boss in 25...

Goldman Sachs and HSBC have also laid out diversity goals. However, in a sustainability report, Goldman reported Black people comprise about 3.2% of the...

The company agreed to pay lenders on a $4.4 billion credit facility more — or less — depending on the strides it makes to hire more Black and Latinx...

Establishing clear and transparent rules of the road, rather than announcing guidance through an enforcement action, will yield greater compliance and...

The bank began a 4% headcount trim last week, Bloomberg reported. PNC will take a $150 million charge in the fourth quarter, but it expects personnel expenses...

Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 leverage ratio.

The deal would create an $11 billion-asset bank and give the Virginia lender entry into Pennsylvania.

Eight former ONB employees resigned in concert before moving to Bell Bank. In a lawsuit Monday, Old National said the “coup d’état” was “designed to...

After fintechs and crypto bros showed how banks might fetter digital assets, the Consumer Financial Protection Bureau revamped its views of open banking.

The $4.5 million jump makes David Solomon the second-highest-paid CEO among Wall Street's big banks.

Despite the bump in Wells Fargo's bottom line, the bank saw double-digit percentage-point declines, or close, in net interest income and revenue.

While much of the attention surrounding TD's U.S. expansion has centered on the First Horizon transaction, its $1.3 billion tie-up with the brokerage...

The Swedish buy now, pay later company will let consumers use savings accounts to make payments, receive refunds and earn cash rewards from some retailers.

The bank tapped Gonzalo Luchetti, its head of U.S. personal banking, to succeed Mason, who will become an executive vice chair and leave by the end of 2026 to...

Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.

The incoming central bank official is expected to have a hand in shaping Fed policy with regard to bank mergers, climate risk’s role in stress tests, and the...

The Canadian bank wants its hybrid employees in the office four days a week starting in September, something it's been laying groundwork for since...

The embattled bank recorded a $280 million loss for the third quarter and said it expected to post a loss for 2025, while whittling its profit forecast to 75...

As a de novo, the lender experienced quick growth through PPP loan processing. Now, it aims to build on its business with nonprofits, CEO Stacy Watkins said.