The Latest Breaking News on Financial Services

The consumer watchdog says many bank customers are paying the loyalty tax on their savings accounts and could be earning more interest.

Retired vice president of bad debt management company suspected of ‘serious disciplinary and legal violations’ as crackdown on corruption in China’s finance industry intensifies

Since the housing bubble in the late 2000’s the U.S. has enjoyed an almost uninterrupted period of easy money. Financing for anything and everything was freely available from a wide variety of lenders. That came to an abrupt end last year as runaway inflation forced the Federal Reserve to rapidly…

Silvana Montenegro shares highlights about her career, JPMorgan's initiatives to boost Latinos, and how the firm champions diversity

Letter: Leaders from the voluntary sector on the challenges that small organisations are increasingly facing with banking services

Atlantic Union Bank must refund at least $5 million to people who were illegally enrolled in checking account overdraft programs, the CFPB says.

More groups come forward to describe how shutdown suddenly left them unable to pay bills or staff

With more transactions taking place digitally, cash transit companies warn of reduced services – which experts say risks isolating those who rely on notes and coins

The Asian Development Bank says it approved $200-million concessional loan to debt-stricken Sri Lanka to help stabilize the country’s finance sector

A quarter of the U.S. corporate profits this year will come from just a dozen companies, analysts say. But investors are willing to pay up.

Having weathered numerous challenges that tumultuously affected bank stocks earlier this year, is the coast clear to dive into this sector? Unfortunately, the answer is not so straightforward. With the uncertainties looming, let’s examine the current landscape of the U.S. banking industry and discuss the investment appeal of bank stocks…