A $26 million settlement by Santander Consumer is shining a light on the hard-to-measure problem of auto dealer fraud, while also raising questions about the adequacy of lenders' efforts to combat bad behavior.
Carol Hayles’ departure from CIT leaves us with one less female CEO-CFO team in banking; even Supreme Court justices get manterrupted; a Google doodle celebrates a microlender; and Sen. Elizabeth Warren strikes a pose.
With National Small Business Week set to kick off April 30, American Banker asked several community bankers to share stories of high-impact loans that made a difference in their communities and in their own enthusiasm for the work they do.
A freewheeling discussion (over beers) about the future of branches with Tom Brown of Second Curve Capital and Dave Martin of BankMechanics at the Trump National Doral hotel in Miami during American Banker’s Retail Banking 2017 conference.
The dominant narrative in financial services is that traditional banks, faced with plummeting satisfaction and NPS scores, are in imminent danger of losing their most profitable customers to emerging fintech disruptors.