EBay's Apple, Square pacts could strangle community banks


With just two partnerships, eBay is cutting off a big opportunity for community banks.


Square's many flirtations with banking


The mobile point of sale pioneer Square has done much to expand its product range to stay competitive, and a few of those efforts have made the company more of a direct threat to banks.


The 'tyranny of success'; Wells to revamp wealth unit


Morgan Stanley CEO, New York Fed chief caution against failing to remember what caused the financial crisis; Wells Fargo may combine its two big wealth management businesses.


California may force online business lenders to disclose rates


First-of-its-kind legislation seeks to tame the largely unregulated world of online small-business lending. It has drawn bipartisan support from lawmakers, but so far has failed to satisfy either the industry or its critics.


Wells Fargo simplifies payments pricing to compete with Square


The changes are designed to remove the complex set of fees that could vary from one mercant to another.


Square's Dorsey is all in on bitcoin as currency of the future


Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, showed he was completely in sync with their view that digital currencies are the way of the future.


AIG earnings decline; Goldman to open bitcoin trading unit


MetLife and Prudential exceed expectations; cybercurrency desk will trade contracts linked to the digital currency’s value.


Fintechs’ charter hopes may lie with new FDIC board


A decision by the Federal Deposit Insurance Corp. — soon to be under new management — on Square’s ILC application could foreshadow how other fintech firms seek banking powers.


10 financial services players to watch in 2018


Some are in new roles or replacing legends, others are embracing new strategies or eyeing big deals and at least one is currently out of banking — but could soon resurface. Here are the industry executives to keep an eye on in 2018.


Ex-OCC chief says bank holding companies may be obsolete


On his last day at the agency, Keith Noreika called for scaling back the Bank Holding Company Act, arguing that it burdens banks with duplicative regulation and restricts their economic potential.