The company, one of the largest U.S. mortgage servicers, said it was trying to determine if the attackers obtained personal information about its four million...

A proposed new rule would subject Google, Apple, PayPal and other digital wallet providers to the same scrutiny banks face.

Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.”

Prosecutors had sought a year of incarceration, which they said would be a deterrent to other corporate executives.

The report estimates that the plan will slash borrowers’ payments and cost more than President Biden’s recently rejected debt cancellation plan.

One of the nation’s largest banks reported across-the-board strength in its latest quarter, with sales and earnings that surpassed analysts’ expectations.

One-time credits will wipe out loans, fixing mistakes made by loan servicers when collecting payments under income-driven repayment programs.

The U.S. economy “continues to perform better than many had expected,” said Charlie Scharf, the bank’s chief executive, but “there will likely be continued economic...

The bank’s rivals appear on firmer footing this time, in contrast with the widespread panic after the failures of Silicon Valley Bank and Signature Bank...

While some executives said money wasn’t being pulled from their small and midsize banks, the “too big to fail” giants attracted business customers.