The lender is refining its products and hiring to cater to lower and upper middle-market companies, a commercial bank executive said.

The president’s order comes a day after industry executives emphasized the need for better coordination among lenders, law enforcement and government at a House subcommittee hearing.

The bank’s CEO and president rebuffed statements they called “absurd” and “false and misleading,” adding that Jefferies has no obligation to repay $126 million. The executives also addressed exposure ...

Access to the Federal Reserve’s payment system has long been a dream for cryptocurrency firms, including Custodia Bank, which ...

The Phoenix, Arizona-based lender’s CEO called the investment bank’s decision to cease payments “shocking.” Jefferies said ...

Cetin Duransoy has been named the fintech’s U.S. CEO, succeeding Sid Jajodia, who is now global chief banking officer.

The bank has endeavored to work “hand in glove” with fintechs, rather than build tools thinking it will beat them, an ...

The approval caps a nearly six-year journey for the investment firm, which aims to launch an industrial bank next year.

The banking behemoth’s application lands at the OCC as a flurry of fintechs vie for the same license. Morgan Stanley has ...

The bureau’s lawyer suggested the dispute could be settled out of court, while the D.C. Circuit may kick the case back to a ...

The bank has sufficiently demonstrated improvements in governance and risk management since its 2016 fake-accounts scandal, ...

The London-based bank plans to use the technology for employee assistance, process reengineering and customer experience.