The brokerage arm of the Swiss bank didn’t fix flaws identified in 2018, resulting in some 60,000 foreign currency wires ...

The bank issued a report last month on progress related to the $265 billion it had committed to invest as part of its bid to ...

The Los Angeles lender repositioned securities into shorter-duration, higher-yielding products. It also launched the sale of ...

Andrea Gacki, the director of the Financial Crimes Enforcement Network since 2023, will become global head of sanctions at the New York City-based lender.

An Idaho-based teller embezzled $8,000 from First Interstate’s cash recycler, the central bank said. A Florida-based Regions relationship banker allegedly withdrew roughly $203,000 from a customer ...

Dan Allred previously spent 20-plus years climbing the ranks at Silicon Valley Bank, eventually as a senior market manager on its national fintech team.

Regulators broadly agree on one thing when it comes to generative AI in finance: Humans should be, need to be, in the loop. Models make mistakes. Someone needs to catch them. The human-in-the-loop ...

The fintech Chime plans to cut 10% of its workforce, or about 150 employees, to take advantage of artificial intelligence efficiencies and innovate using smaller teams. “The world is changing quickly ...

After acquiring a small Longview, Washington lender, a former Stripe employee has added bank charter capabilities to his fintech Increase, aiming to be a “regulated banking partner” for fellow fintech ...

Former Consumer Financial Protection Bureau senior official Christopher Peterson has been nominated to lead the New Jersey Division of Consumer Affairs. Gov. Mikie Sherrill on Monday tapped Peterson, ...