Kevin Wack

First Foundation in Dallas reported a large quarterly loss after reclassifying a bundle of commercial real estate loans that it plans to sell under a strategy pivot announced earlier this year.

is in discussions with several federal regulators over certain aspects of its efforts to combat money laundering and comply

When Republic First Bank failed last spring, the New Jersey Attorney General's office was already more than a year into an investigation of the Philadelphia-based bank's lending to minority borrowers.

The Consumer Financial Protection Bureau is considering an enforcement action against Capital One Financial in connection with online savings accounts

Republic First Bank allegedly discriminated against minority borrowers before it went under in April. New Jersey officials want both the acquirer of its remains, Fulton Bank, and the FDIC to assume some responsibility.

Rep. Katie Porter, D-Calif., who's been since she took office in 2019, is not running for reelection after mounting an unsuccessful campaign for the U.S. Senate earlier this year.

The Los Angeles-based company behind a well-known cash-advance app went on a wild 18-hour ride late Tuesday and early Wednesday.

TD Bank was already in hot water for its anti-money-laundering failures. Now a former employee in the bank's AML department is facing a felony charge in connection with a separate alleged criminal scheme.

The former interim CEO of a small Southern California bank has been barred from working in the banking industry and fined $75,000 after he allegedly obtained pandemic relief funds fraudulently, among other misdeeds.

Florida's EverBank is the latest financial institution to make a play for a slice of the California market, which has been shaken up by big acquisitions and last year's banking crisis.