BankThink

The global money transmitter will pay $586 million and implement an anti-fraud program in order to resolve allegations that it enabled widespread misconduct by some of its employees.

As JPMorgan Chase and Oracle face lawsuits from the Labor Department over their allegedly discriminatory pay practices, Sallie Krawcheck talks about how the key to closing the equality gap is financial equality, and U.S. Rep. Carolyn Maloney suggests the new administration make the gender pay gap a top priority. Also, Sen. Elizabeth Warren readies for war at Steven Mnuchin's confirmation hearing, Mary Jo White reflects on her time as SEC chair and New York Financial Services Superintendent Maria Vullo slams the OCC's fintech charter plan.

Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 54% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income.

Commercial real estate loan growth and the Hudson City acquisition fueled fourth-quarter profit growth at M&T Bank in Buffalo, N.Y.

Royal Bank of Scotland is considering taking a multi-billion dollar charge in the fourth quarter for a U.S. mortgage securities probe that would give an indication of the size of the full settlement.