Retail & Commercial

The online lender, known for being an AI pioneer, says it wants a national bank license simply for efficiency's sake.

The Beaver State is poised to opt out of a federal law that poked a hole in its interest rate cap, joining a growing list of states to reassert their authority over consumer loan rates.

Midland States Bancorp had struggled in 2025 with accounting-related issues and bottom-line losses.

A House subcommittee debated new legislation to improve bank data sharing and slow down transactions to thwart sophisticated financial scams.

TransUnion cuts VantageScore 4.0 to $0.99, aiming to boost lender choice and affordability as FHFA pushes mortgage score modernization and competition.

Branchless and out-of-state banks are harvesting deposits in Florida and lending them out elsewhere, a situation that leads to serious underinvestment in desperately needed infrastructure and affordable housing.

Bank runs are only the final symptom of a much deeper malady, according to a new study.

The Phoenix-based bank said that affiliates of Jefferies had stayed current on the loan agreement until last week. The suit is the latest example of private credit-related problems at banks.

JPMorganChase's Alfredo Porretti has left the firm; two junior Goldman Sachs bankers took part in a controversial fashion shoot; Societe Generale appointed Selina Cheung head of equity capital markets in Asia Pacific; and more in this week's banking news roundup.

Chief economists at large and regional banks predicted ongoing inflation, in part because of the anticipated surge in oil prices as a result of the Iran war. The forecast from the American Bankers Association's Economic Advisory Committee did not account for the disappointing U.S. jobs report on Friday.