Javier Ferrer, 64, said he is stepping down to focus on his health and spend time with friends and family. He plans to hand the reins to Chief Financial Officer Jorge Garcia.

But banks need to be proactive and build their own controls, not wait for vendors to solve this. Imagine a student being tested on how smart he is. Instead of answering the questions, he slips out of ...

Bread Financial's point-of-sale installment loans, called Bread Pay, helped drive the lender's credit sales amid a wider earnings beat.

Brian Johnson, President Trump's nominee to lead the Consumer Financial Protection Bureau, navigated a somewhat contentious Senate Banking Committee hearing dominated by Democratic opposition but ...

Optus Financial in South Carolina will acquire M&F Bancorp in North Carolina in a deal that's set to create one of the largest Black banks in the United States.

The intrusion did not affect the financial industry directly. But it presents a warning to banks that are deploying agentic ...

Like many of its peers, the Chicago-based custody bank posted strong results thanks partly to the downstream effects of a ...

Banks can price in risk and manage their way around both left-wing and right-wing administrations. But the kind of uncertainty that arises from today's brand of politics is impossible to model.

A Securities and Exchange Commission proposal to change reporting requirements for public companies has drawn mixed reactions, with some groups warning that reduced transparency could harm markets.

Following a recent approval by the European Central Bank, Banco Santander's pending acquisition of Webster Financial is ...

The Federal Reserve is rethinking the size and scope of its holdings. Academics and industry analysts alike say liquidity ...

Only 13% of scams reach federal agencies. The rest land at banks and payment apps, making them the country's de facto ...