The Montana senator, who faces a tough reelection fight, was a key backer of the bipartisan bill to ease certain provisions of the Dodd-Frank Act.

U.S. financial institutions such as Bank of America, Citigroup, JPMorgan Chase and Goldman Sachs have reported hundreds of millions of dollars of losses stemming from the scandal at retailer Steinhoff International.

Envestnet sees asset management as poised for major changes as broker-dealers move to fee-based business.

Perimeter security is broken, says Amber Baldet, former head of blockchain at JPMorgan Chase and founder of fintech startup Clovyr.

Financial institutions are beginning to get on board with the global fight against climate change, but they are still trailing pension funds and insurance companies in putting these concerns into action.