The data breach at Equifax and Facebook's scandals have made data privacy a big issue to state and federal lawmakers. Here's why banks need to be worried.
The settlement would mark a rare instance where the bank stands to benefit monetarily from a scandal that has severely damaged its reputation and cost it hundreds of millions in penalties.
JPMorgan's Dimon: Square innovated where we should have; this company simplifies bank switching (and banks pay for it); BB&T-SunTrust deal has Atlanta banks licking their chops; and more from this week's most-read stories.
The Mortgage Bankers Association, National Association of Realtors and 26 other groups warned the agency not to pursue steps reducing the scope of Fannie Mae and Freddie Mac that could upset the mortgage market.
The conventional market recaptured a lot of the first-time homebuyers it lost during the financial crisis, but service members instead have increasingly stuck with loans insured by the Department of Veterans Affairs.
The move by Kroger Co. comes in response to rising interchange fees on Visa's premium credit cards. The cards will be banned at 142 Smith's stores in the western U.S.
FNB Bancorp in Utah, which is being sold to Glacier Bancorp, decided that the Montana bank's decentralized model would save jobs and give its management team more autonomy.
