The firm, which has no remaining lines of business, has filed for bankruptcy 18 months after that of its subsidiary Silvergate Bank.

Ryland McClendon’s appointment comes amid a spike in concern over the workload and expectations of associates and analysts after a 35-year-old Bank of America banker died in May.

Raymond Chun, TD’s group head of Canadian personal banking, will become the lender’s next CEO, as the bank works to resolve issues within its U.S. anti-money laundering program.

Regulators’ revamped guidelines increase the agencies’ discretion, which is likely to stoke industry uncertainty and, perhaps, extend the timeline to approval, analysts say.

Large institutions welcome the move to extend the operating hours of two interbank payments systems, but smaller ones may feel the squeeze of increased workload, staffing and competition.

Hope Dmuchowski, CFO of First Horizon, shares the lessons that helped shape her path to finance chief and guided her approach to leadership.

The allegations come from Yotta Technologies, a fintech that says its customers are currently locked out of more than $100 million in funds.

Johnbull Okpara will join Bank of America in December, replacing Rudolf Bless, its chief accounting officer of nearly 10 years. The bank did not give a reason for Bless’ departure.

With the new offering, the fintech aims to capture a larger share of the B2B payments market, working with partners in addition to selling directly, Brex's president said.

Encapture announces a new data validation solution that will enhance compliance reporting in line with the expansion of the ...

The regulator also approved a policy update to consider small business and residential loan originations, in addition to deposits, when evaluating a merger’s competitive effects.

Anand Selva will co-lead the data program with Tim Ryan. Japan Mehta, the outgoing data chief, will transition Ashutosh Nawani into the new role of head of enterprise data office and data ...