banking

On the night of November 17 2025, Brazilian federal agents pulled banker Daniel Vorcaro off the tarmac at Sao Paulo’s Guarulhos airport as he prepared to board a private jet. He was initially detained as a flight risk and arrested a few months later on multiple charges of bank fraud, corruption and money laundering. He currently awaits judgment. Now, less than a month before Brazil’s national elections, the so called “Banco Master crisis” threatens to shake the country’s democracy to its core.

OneUnited Bank — South Florida's only Black-owned bank — is partnering with a credit-building platform to address financial inequality. The collaboration aims to help renters gain financial literacy as they move toward homeownership.

The Justice Department has secured a $9 million settlement with Ameris Bank over allegations it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans.

Some credit cards advertised by hospitals lure in patients with rosy promises of convenient, low-interest payments on big bills. But interest rates soar if you can't quickly pay off the loan.

The company says it hopes to help Black and Latino borrowers buy houses and build wealth with its new pilot program. Experts say it's a start, but doesn't go far enough.

The Federal Reserve announced Wednesday that it will increase its benchmark interest rate by 0.75%, matching the largest increase in decades. Here's what that means for everyday Americans.

Goldman Sachs says it's "winding down its business in Russia in compliance with regulatory and licensing requirements," two weeks after the country first invaded Ukraine.

The investment bank says it's "winding down its business in Russia in compliance with regulatory and licensing requirements," two weeks after the country first invaded Ukraine.

The Biden administration hopes to help fund its agenda by cracking down on tax evasion, but its plan to require more bank information is drawing strong opposition from GOP lawmakers and banks.

The pandemic forced Wall Street dealmaking into the digital age, but many bankers want to get back to the way things were — and that includes traveling again.

Websites and mobile apps were disrupted in the second major tech outage this month affecting large corporations around the globe.

We get the latest on the multiple shootings that happened across Miami-Dade this Memorial Day weekend. A new program that could help people get a credit card without having a credit history.