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Pedestrians walk under signage at a Citibank branch in San Francisco.

Two top Citi consumer banking executives to depart

Will Howle, head of U.S. retail and mortgage banking, and Alice Milligan, chief digital experience officer, will leave this spring.

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JPMorgan Chase CFO Jennifer Piepszak

JPMorgan Chase to offer online loans to credit card customers

The foray into digital consumer lending follows a similar move by rival Citigroup.

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Dimon 2017
James Dimon, chief executive officer of JPMorgan Chase & Co., pauses during a Bloomberg Television interview at the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 18, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 - 20. Photographer: Simon Dawson/Bloomberg

JPMorgan's Dimon: Square innovated where we should have

The CEO of the nation's biggest bank gave the fintech props for revolutionizing payments and then building off its success to provide a whole range of services to small-business clients.

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Rep. Maxine Waters
Representative Maxine Waters, a Democrat from California and ranking member of the House Financial Services Committee, listen to testimony from Janet Yellen, chair of the U.S. Federal Reserve, during her semiannual report on the economy to the House Financial Services Committee in Washington, D.C., U.S., on Wednesday, July 15, 2015. Yellen said prospects are good for further improvement in the labor market and the economy, keeping the central bank on track for an interest-rate increase in 2015. Photographer: Drew Angerer/Bloomberg *** Local Caption *** Maxine Waters

House Financial Services Committee to examine Wells Fargo, CFPB

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

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BB&T-SunTrust deal has Atlanta banks licking their chops

United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition.

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BB&T bank branch
Signage stands on display outside a BB&T Corp. bank branch in Louisville, Kentucky, U.S., on Thursday, Jan. 10, 2019. Deutsche Bank analyst Matt O'Connor cut his ratings on BB&T Corp. and PNC Financial Services Group to hold from buy as he's become "more selective" on large regional banks. Photographer: Luke Sharrett/Bloomberg

Who will regulate BB&T-SunTrust?

With the two companies said to be still mulling which charter to seek, the various options each have possible advantages and drawbacks.

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Accenture study of bank account switching by demographic

This company simplifies bank switching. And banks pay for it.

The drudgery of filling out forms and changing bills prevents many customers from swapping banks. One fintech has simplified that exchange, and banks are willing to pay it to deliver them new customers.

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Max Levchin, CEO of Affirm.

Walmart teams with Affirm to offer point-of-sale loans

The deal marks the first time that the retail giant will enable its customers to use fixed-rate loans, rather than credit cards, for big-ticket purchases in its stores and online.

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Dale Oberkfell Rising Bank

Why this small bank created a separate, digital-first brand

Midwest BankCentre in St. Louis, with the help of a stable of fintechs, started Rising Bank to keep up with big banks in the hunt for deposits and millennial customers.

(Full story here.)
Customers enter a Sears store in San Bruno, California.

Citi bracing for hit to credit card sales from Sears' reorganization

The bank said in its annual report that anticipated store closings could reduce both new account acquisitions and purchase volume.

(Full story here.)
Career moves Consumer lending Fintech M&A Disruptors BB&T SunTrust JPMorgan Chase Wells Fargo Citigroup
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