-
The retailer is ending its nearly two-decade credit card relationship with Synchrony Financial; Mulvaney says the bureau will first negotiate, not sue, to settle disputes.
By George YacikJuly 27 -
Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.
By George YacikJuly 26 -
The digital currency’s price has rebounded to over $8,000 as a new ETF is in the works; three deals may indicate a resurgence of small bank M&A.
By George YacikJuly 25 -
The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.
By George YacikJuly 24 -
Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.
By George YacikJuly 23 -
Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.
By George YacikJuly 20 -
The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system.
By George YacikJuly 19 -
Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues.
By George YacikJuly 18 -
David Solomon is officially named as Blankfein’s successor; the British bank is under pressure from an activist shareholder to boost its stock price.
By George YacikJuly 17 -
Succession plan could be formalized this week; bankers may be getting nervous about extending construction loans.
By George YacikJuly 16