News Topic:

Both Republicans and Democrats are making threats against banks that don't take their side on gun control. ... Read full article

Longtime executives Bill Parker and Jennie Carlson plan to retire from the Minneapolis company, giving CEO Andy Cecere an opportunity to reshape his executive team. ... Read full article

China's mobile payment lessons for U.S. bankers; Steven Mnuchin's wishful thinking on GSE reform; unpacking Mick Mulvaney's CFPB relocation musings; and more from this week's most-read stories. ... Read full article

The itemized deduction for investment fees may have been eliminated, but clients still need guidance on paying IRA expenses. Here's what to tell them. ... Read full article

Financial institutions can begin to reduce the number of rogue employees and put a stop to bad behavior. ... Read full article

Costs rose at the global bank, profit in North America fell 16%, and questions are mounting for new CEO John Flint ahead of the release of his strategic plan. ... Read full article

The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison. ... Read full article

Readers applaud acting Consumer Financial Protection Bureau Director Mick Mulvaney’s cost-cutting ideas, slam recent calls for postal banking, opine on banks limiting their business with firearms dealers and more. ... Read full article

Attorneys for then President Robert Harra said he is innocent and will file an appeal. The case centers on a scheme said to have been carried out during the crisis years, before the bank was sold to M&T. ... Read full article

Bankers have long complained that anti-money-laundering regulations impose an extra burden without really stopping major crime. D.C. is finally listening. ... Read full article

A bank that can deliver a loan decision a little faster, or ask a client to input information just once, could get a leg up on the competition. But some executives are skeptical of software sales pitches and fear overpaying. ... Read full article

The acquisition is part of IBM’s recent focus on financial risk management services. ... Read full article

The New Jersey mortgage lender and servicer won a huge victory in January when an appeals court threw out its fine levied by the consumer agency, but the court ruled against the claim that the agency's structure is unconstitutional. ... Read full article

Fannie Mae's first-quarter profits were enough for it to rebuild its minimum capital buffer and pay the Treasury Department dividend after being forced to take a draw during the previous fiscal period. ... Read full article

A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead? ... Read full article

Fifth Third is helping babies born in Chicago today (Get it? 5-3) save for college. It's the kind of nontraditional marketing that branding experts say more banks should experiment with. ... Read full article

Societe Generale is nearing an agreement to pay as much as $1 billion to resolve two U.S. probes — into the rigging of benchmark interest rates and allegations of bribery in Libya — according to people familiar with the matter. ... Read full article

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