The Royal Bank of Scotland (RBS) will not face enforcement action by the U.K. Financial Conduct Authority (FCA), according to Reuters reports on Tuesday (July...
Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in...
Wells Fargo, the embattled national bank, is reportedly refunding tens of millions of dollars for a range of products, including pet insurance and legal services....
An investment vehicle operated by U.K. alternative finance platform Funding Circle is reportedly turning away from U.S. exposure and doubling down on local investment through...
Analysts are warning that rising competition among large lenders and shadow banks to issue junk bonds may cause a “race to the bottom” and uncover...
Watching. Waiting. Concerns about fraud. And an apparent boost for biometrics. The second Payment Services Directive — known as PSD2 — has come into effect in...
FinTech startups and big tech may provide competition for established banks that have bad loans on the books, The European Banking Authority (EBA) said on...
Just a few weeks in, the data privacy law that has just taken root in the European Union already has some regulators seeking exemptions around...
Bank of America is being sued for $120 million after failing to flag large deposits into small accounts, which were cleared a few days later....