The lender did not admit any wrongdoing as part of the settlement, which is pending approval by U.S. District Court Judge Jed Rakoff.

The embattled Maryland lender did not include the proposed nominees in a notice to shareholders – and won’t unless Diligence ...

The boost to Shiv Verma's salary and target bonus opportunity came as the investing and trading platform also announced a ...

Allowing an exception to current rules would level the competitive playing field, the bank said. Three Fed governors ...

As the lender uses AI to reshape operations through its Reimagine the Bank program, “the nimbleness around it has been pretty ...

B2 Bank, owned by fintech entrepreneur Brian Barnes, named a new CEO, president and credit chief – all from Florida’s Climate ...

The bank cited generative AI as a key investment area this year, noting that 85% of employees have access to the technology.

Diligence Capital Management has pushed the embattled lender to develop a performance improvement plan and replace three ...

Real-time payments, agentic commerce and stablecoin advances are all topics the bank is discussing with clients, a top ...

To drive new client relationships in 50-some markets, BofA is hiring bankers and cultivating local connections, said Sharon ...

Beast Industries is “ill prepared” to run a fintech, the senator told its founder and CEO before pelting the two with ...

The bank must raise $25 million prior to opening and maintain a 9% tier 1 leverage ratio for its first three years thereafter ...