Financials have slid into correction territory, with bank stocks lagging the S&P 500 by the most since 1990 and KBWB hitting its most oversold RSI since the 202

Oppenheimer expects quarterly results from major US banks to disappoint as trading and dealmaking conditions tighten.

The revamped stress testing framework could alter how large banks plan capital and buybacks.

Reporting profiles John Waldron as the frontrunner to succeed David Solomon, with the succession process described as stalled.

The Office of the Inspector General recommends the Fed set a guaranteed maximum price for the multiyear renovation project.

The payments processor is buying a small-business financing provider to expand its embedded lending offerings.

The launch marks one of the first state-backed digital currency systems hosted by a major payments processor.

The push follows Enova's decision to scrap its bid for Grasshopper Bank, adding scrutiny to nonbank lenders pursuing bank acquisitions.

The upgrade reflects improved credit standing for the bank as analysts debate its outlook.

The custodian bank is hunting for a new finance chief as its current CFO prepares to step down.

Authorities seized more than $80 million tied to a Montana payments company amid a fraud investigation involving accounts at the two banks.

Analysts issued mixed views on Wells Fargo, with HSBC initiating coverage at a $108 target and JPMorgan lowering its price expectations.

The South African lender reported higher earnings and a bigger payout while targeting expansion in the multibillion-rand airtime advance market.

The commentary flags emerging risks for lenders as AI adoption spreads across the industry.

The veteran bank analyst pushes back on concerns that AI disruption is hurting lenders' shares.

The court ruling adds to legal pressure on the adtech company, weighing on its shares.

The refinancing covers a major retail property as commercial real estate lending conditions stabilize.

CEO Carlos Iafigliola says changes to the Florida bank's lending portfolio credit culture are producing results.