Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.

Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...

Illinois-based Millennium Bank acquired Pulaski’s deposits and most of its assets. The FDIC said the collapse will cost $28.5 ...

Third-party vendor FIS blamed a local power loss and hardware failure for the issue, which Bank of Oklahoma said affected ...

The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...

Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty ...

The boost, to $39 million for 2024, makes the CEO the best-paid among the top six U.S. banks. Goldman is also tying four ...

The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.

Our aim is to always offer products and services to our customers where WaFd Bank can add value, and we have concluded that ...

Regulatory scrutiny of the banking-as-a-service model won’t disappear, but the number of BaaS-related enforcement actions ...

The complaint filed Thursday includes the former CEO and CFO of the failed California-based bank, four other ex-executives ...

Robinhood Securities will pay $33.5 million and Robinhood Financial will pay $11.5 million to settle a variety of charges, ...