The PPP and related changes to operations could reshape some areas of the banking sector, says PwC

Also, Cambridge Bank has received regulatory approvals for its delayed purchase of Wellesley Bank

Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight

A Deutsche Bank analysis lays bare the impact on Europe’s banks – but highlights their crucial role in the recovery

COO Brian Brooks is to take over as acting Comptroller from June 1 as Otting completes his two-and-half year term

The bank’s consumer lending arm has agreed on a settlement with 33 states and the District of Columbia over legacy car loan practices

Open banking users expected to hit 40 million by end-2021, while payments forecast to total $9 billion

McKinsey warns on the elevated risk of increased losses as the pandemic-induced unemployment rate rises

Technology companies have continued to roll out new or enhanced services for corporate and individual customers

A temporary rule change will allow the largest US lenders to expand their balance sheets further to help companies and households through the pandemic