Banking

Russia's largest bank, Sberbank, is the latest to be hit by European Union sanctions and will be barred from utilizing the SWIFT international banking system.

CommonBond plans to drop its student lending side in mid-June and shift its focus elsewhere. Here's everything you need to know about the change.

FOX Business' Stuart Varney provides insight into the Sussman trial, arguing that the truth has finally come out in Hillary Clinton's "disinformation campaign."

JPMorgan Chase & Co. stock saw a boost on Monday after the mega bank raised its forecast for interest income.

Wells Fargo is being accused by a former executive of conducting fake job interviews with minority candidates for jobs that were already promised to another candidate.

Legislators voiced their support in a recent hearing for a bank-led end to overdraft fees.

Swiss bank Credit Suisse is close to a settlement with Republican West Virginia Governor Jim Justice over the nearly $700 million his mining company Bluestone Resources owes the bank's clients.

Citigroup's Russian consumer banking franchise that has been put up for sale had first quarter revenue of $32 million, down 6% from a year earlier, the bank disclosed in a quarterly securities filing on Monday.

Goldman Sachs and JPMorgan Chase are both mulling the possibility of covering the travel cost for employees seeking an abortion, according to a new report.

HSBC kicked off its planned $1 billion share buyback on Wednesday, as it seeks to redeploy excess capital and reward shareholders.

Citigroup Inc is in "active dialog" to carry out the sale of its Russia consumer business that it announced a year ago, Chief Executive Jane Fraser said on Monday.

The largest U.S. banks, securities firms and custodians are waking up to the investment potential of cryptocurrencies, not as a utility but as a new moneymaking market.

United Bank for Africa Chairman Tony Elumelu on what Russia's invasion of Ukraine means for the continent.

Users of buy now, pay later said they are confused about how the service providers make money and reported being dissatisfied with the product, according to a survey.

The Russian economy achieved some stability and recovered the value of its currency, but the ever-changing economic landscape indicates the real crunch is yet to strike.

More than 75 groups sent a letter the CFPB, urging it to begin regulating buy now, pay later providers like credit card companies.

Buy now, pay later services are becoming more popular, but many users are falling victim to fraud, according to a new study.

Banking advocates have encouraged the CFPB to look into several recommendations to regulate buy now, pay later providers.

Bank of America Corp reported a fall in first-quarter profit on Monday, as a slowdown in global deal making weighed on its investment banking businesses.

JPMorgan Chase & Co. announced a major investment in New York City office space Thursday, with plans to build a 60-story building to be its global headquarters.