The transaction, expected to close in the fourth quarter, will take the publicly traded wealth technology platform private.

The bank shook off fresh penalties by reporting skyrocketing revenue in its banking unit. It’s no wonder Citi granted $41 million to its banking chief. But a rival for that job may be glad he left.

Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

The bank looked for a boost from higher fees in investment banking as it aims to reduce its reliance on net interest income.

A spate of moves appears to elevate Neil McLaughlin as a contender to succeed Dave McKay as CEO, but that transition may not be soon. The bank did not disclose the future of its still-interim CFO.

JPMorgan, the lawmakers noted, was the top financier to fossil fuel companies last year, according to a report funded by nonprofits including the Sierra Club and Rainforest Action Network. The bank ...

Bill Hwang was found guilty of 10 out of 11 criminal counts, while former CFO Patrick Halligan was found guilty of all three counts he faced, including fraud and racketeering.

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

Goldsmith Romero, nominated by President Joe Biden in June to replace Martin Gruenberg as FDIC chair, has been a commissioner with the Commodity Futures Trading Commission since March 2022. Prior to ...

Rules of the road” for bank-fintech tie-ups could help banks that partner with fintechs better manage third-party risks, he said.

The fintech's gen AI-powered search engine, currently in beta, is set to be launched by end of summer, CEO Dee Choubey said.

A judge allowed claims alleging theft of trade secrets and breach of contract to proceed. First Citizens claimed an SVB alum hatched a plan to persuade more than 40 employees to follow him to HSBC.