The online installment lender could be worth as much as $10 billion; the GSEs' net income jumped sharply from the first quarter after the rebound in the housing market.

The Fed announced no new actions but chairman says rebound depends on containing the virus; advocates say this may be the right time to pull the plug on the lowly one-cent coin.

The programs, which had been set to expire at the end of September, will now run at least to the end of the year; but U.S. payments volume "meaningfully improved" throughout the quarter.

Susan Collins said she will join Mitt Romney in voting against the Fed nominee; the Republican proposal would give regulators discretion to let banks exclude certain assets for capital purposes

The Illinois senator wants the Fed to investigate alleged anticompetitive practices in debit card transactions; reserves at Western lenders are poised to hit their highest level since 2009.

Warren Buffett’s company is taking advantage of a 30% drop in the stock price to buy 34 million shares; the banks aren’t making waves as Beijing tightens its grip.

Bad actors are taking advantage of e-commerce weak spots, using fake online businesses to process payments for drugs and other illicit purchase; masks may make sense at Walmart, but what about Bank of America?

Her nomination now moves to the full Senate after banking panel confirms her in party-line vote; Scharf adds another BNY Mellon colleague, Mike Santomassimo, to his senior team.

The “vast majority” of the U.K. bank’s employees have been told they can work remotely the rest of the year; the controversial Fed pick is expected to clear the Senate Banking Committee Tuesday.

Trading revenues probably won’t be able to make up for looming credit losses going forward; consumer insolvencies have been held back so far by federal stimulus, which is set to expire.