In one instance, a banker convicted of prior fraud took her sister’s identity to regain employment at Citi, the OCC said.

Maitland-based Axiom Bank agreed to revamp its BSA/AML program and look back at its suspicious activity reporting history.

In a tightening race, Capital One gained ground by adding engineering talent, according to Evident research published Thursday.

The bank cut roughly 700 employees, or 8% of its workforce, it said Thursday, and anticipates shedding another 1,200 when mortgage servicing and third-party origination roles transfer to Mr. Cooper.