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Chris Cumming

Recent Stories From this Author

Court Rulings Cast Doubt on Card Surcharge Bans
March 27, 2015 Retailers have been able to get credit card surcharge bans in California and New York thrown out by using an unusual legal...

Amex Planning 'Lengthy' Fight Against Antitrust Suit
March 26, 2015 American Express executives are shedding more light on the company's legal strategy after its recent loss in an antitrust...

Amex, DOJ Far Apart on How to Settle Antitrust Suit
March 25, 2015 It's looking more likely that a judge will have to impose a fix that will bring American Express' merchant rules into...

Tight Commercial-Loan Margins Force Banks to Get Creative
March 23, 2015 Banks' profits from corporate banking are shrinking, as margins have tightened, a new study shows. But they can still win...

Will the Ultimate Antibank Start Copying Its Peers?
March 20, 2015 Ally Bank, which has been known for online deposit-gathering and ads that poked fun at traditional banks, was the envy of some...

Citizens Financial Revs Up Auto-Loan Risk
March 19, 2015 To shake off years of sluggish growth, Citizens Financial is going hard after asset classes that other banks are starting to...

Wealth Push Yields Uneven Returns for Regionals
March 17, 2015 For several years regional banks have been furiously trying to boost fee income by beefing up in wealth management. But the...

Pentagon Plan Rekindles Fight Over Military Lending Safeguards
March 9, 2015 Industry groups are urging the Pentagon to soften its proposed expansion of a rate cap on loans sold to service members, but...

How PrivateBancorp Thrives in Face of Low Interest Rates
March 6, 2015 PrivateBancorp, despite having one of banking's most rate-sensitive loan books, has grown earnings by relying on fee...

Amex Unlikely to Blink in Antitrust Talks with DOJ
February 26, 2015 A court-imposed deadline for American Express to negotiate a fix to its merchant rules with the Department of Justice is about...

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