-
The consumer lending fintech held about one-third of its loan originations on its balance sheet and fortified its deposit base this quarter.
October 27
-
The credit card issuer is still dealing with the effects of a technical glitch in July that affected customer payment rates. But card sales rose in the most recent quarter, and the company is bullish about its positioning in the buy now/pay later market.
October 27
-
During a panel discussion at American Banker's Most Powerful Women in Banking conference, three executives spoke about how mentors helped shape their own careers, and how they continue to provide a pipeline for future generations of senior leaders.
October 27
-
Traditional banks are focusing on wealth management services in the next wave of digitization as retail banking returns weaken amid a proliferation of online consumer platforms.
October 27
-
The mobile service provider is offering many standard digital banking features alongside payments to Mexico. One expert is skeptical it will stand out.
October 27
-
Credit Suisse Group reported its fourth straight loss as its investment bank continued to struggle, wealthy clients fled and the lender booked a charge related to a critical overhaul that's been in the making for months.
October 27
-
Republic Bancorp said it would pay $51 million in cash for CBank and its subsidiary Commercial Industrial Finance.
October 27
-
As with other card companies, the impact of higher prices and a potential recession is not yet showing up in performance, though it is pushing product diversification to reduce reliance on transaction volume — a strategy that helped during the early days of COVID.
October 27
-
Credit Suisse Group said that Michael Klein is expected to become chief executive of the spun-out First Boston unit, as a result of the radical restructuring of the Swiss lender's investment bank.
October 27
-
Bank of Montreal agreed to buy carbon credits from CarbonCure Technologie, a company backed by investors including Amazon.com.
October 27
