Banking & Finance

The administration faces a slew of immediate financial policy tasks, such as passing a new round of small-business aid, charting a course for Fannie Mae and Freddie Mac and filling vacant agency leadership posts.Read More

What about tears that are not about life outside the office walls, but life inside them? Tears need gravity. Did you even know that? I didn’t. I read it in “An Astronaut’s Guide to Life on Earth”. And, of course, it makes sense. Your tear ducts will still produce tears in …

Providence, R.I.-based Citizens Financial has largely focused on nonbank deals in recent years, but CEO Bruce Van Saun said the race for scale in the industry is prompting more banks — including his own — to consider mergers.Read More

The company, poised to complete its purchase of Radius Bank, will enjoy new cross-selling opportunities, gain additional sources of fee income and capital as well as benefit from greater regulatory clarity, CEO Scott Sanborn says.Read More

Citigroup will reduce bonuses for dozens of its top executives after the bank was reprimanded by regulators last year.Read More

The National Credit Union Administration and the Consumer Financial Protection Bureau will hold strategy sessions and share information tied to consumer protections at institutions with more than $10 billion of assets.Read More

Bank earnings will kick off tomorrow with Citi, J.P. Morgan, and Wells Fargo all on deck to report results. Jason Goldberg, Barclay’s managing director and senior equity analyst, joins ‘Closing Bell’ to talk about whether there’s more upside for financials.Read More

Just as the digitization of finance has attracted billions in investment and a flurry of M&A, health tech has seen a surge in interest during the pandemic.Read More

A sponsorship deal between the regional bank and the league will emphasize economic empowerment and financial education. It’s a good example of how corporations increasingly seek to associate their brands with a cause or purpose, experts say.Read More

Loan originations hit a record $16.7 billion in the fourth quarter, though executives caution that a recent rise in mortgage rates could slow refinancing activity.Read More