Bank of America Securities will pay $1.96 million in disgorgement and $3.6 million to a victim compensation fund to resolve a Justice Department investigation into alleged market manipulation by ...

Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he now expects regulatory and FDIC ...

For many of our members, their financial lives do not stop at personal goals, they also include the businesses they are building,” said SoFi CEO Anthony Noto.

The Bethesda, Maryland-based lender admitted to knowingly letting customers engage in a check fraud scheme, and to having lax anti-money laundering controls for more than a decade.

If you know us, this won’t feel like a change,” wrote Eric Glyman of fellow co-founder Karim Atiyeh’s move to the top of the fintech.

More than 140 businesses, including BNY, Visa and Coinbase, lent their backing to a digital asset launched Tuesday by Open Standard, a consortium led by Bridge CEO Zach Abrams.

Justices voted 5-4 that Lisa Cook should remain at the central bank, despite the president’s attempt to remove her. The court ...

The digital-asset trust must maintain at least $50 million in tier 1 capital and obtain the regulator’s nonobjection for any ...

A bipartisan group of senators and congressmen has reintroduced cannabis banking reform legislation, following the federal reclassification of medical cannabis from a Schedule I to Schedule III drug.

The reductions include Discover’s chief marketing officer. Most of the cuts – affecting workers based at the company’s Illinois headquarters – will take effect in November. Job cuts affect Discover ...

With so many banks angling to serve Texas businesses, it’s “a difficult market to compete in,” said the president of the ...

When it buys First Reliance, Colony Bank will become the largest sub-$10 billion-asset bank headquartered in Georgia or South ...