Akila Quinio

Loan type that surges during times of duress makes a comeback amid persistent inflation and benefit cuts

Card companies agree to lower swipe fees further after judge rejects $30bn deal

Sprawling lender’s longtime chief will convene the first investor day in 14 years

Bank stood by Andy Sieg, a potential successor to CEO Jane Fraser, after investigation by law firm Paul Weiss

Roles of board leader and CEO will be reunited in move to underscore her leadership amid radical overhaul

‘Bellwether’ verdict may set stage for potentially far more damages as thousands of victims assert claims

Western Alliance and Zions Bank disclose exposure to alleged fraud

Revival in core Wall Street businesses powers forecast-beating results across America’s biggest banks

Victim claims BofA ‘participated in and financially benefited’ from late financier’s sex-trafficking operation

JPMorgan Chase, Goldman Sachs and Citigroup buoyed by return of dealmaking

JPMorgan banker Vis Raghavan was a surprise pick to run Citigroup’s banking unit. A year in, he sits down with the FT

Growing financial strains at US auto parts supplier pushes group closer to bankruptcy

Financier Fernando Chico Pardo to buy 25% position in lender as Wall Street giant seeks to exit the retail bank

Overhaul comes as lender hones list of candidates to replace longtime leader in the future

Tricolor Holdings fell into bankruptcy with more than $1bn of liabilities

Swedish fintech to begin trading on Wednesday after tariff turmoil halted earlier listing plan

Wall Street bank to draw on asset manager’s expertise to oversee $80bn in client assets

Industry groups say new crypto law has a ‘loophole’ that could cost banks trillions of dollars in outflows

Vis Raghavan, who joined Citigroup as head of banking last June, has tapped former colleagues for senior roles

Revenues jump a fifth to $823mn as Swedish buy now, pay later group continues US expansion and neobank drive