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

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 ...

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.

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.

Citi’s chief operating officer, Anand Selva, will co-lead the bank’s data program with Tim Ryan, the lender’s head of technology and business enablement, according to a memo seen Monday by Banking ...