-
Treasury secretary says regulators could look to help ease liquidity logjam in money markets; workers will get special bonuses for the third straight year.
By George YacikOctober 30 -
President Xi wants faster research on blockchain, the technology behind digital currencies; low rates bring best home loan quarter in 14 years.
By George YacikOctober 29 -
Division is making progress, helped by a rise in branded credit cards; about 200 bankers in agriculture and energy lending let go in recent months.
By George YacikOctober 28 -
Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing.
By George YacikOctober 25 -
Facebook CEO says the company won’t purse Libra anywhere if U.S. regulators disapprove; the agency says “guidance” was actually “rules.”
By George YacikOctober 24 -
A federal judge says the agency can’t issue national bank charters to fintechs; Facebook’s CEO will state his case at a House hearing.
By George YacikOctober 23 -
Santander Consumer is planning to attract online deposits via a national platform that could rival Goldman Sachs’s Marcus; HSBC is now in retrenchment mode after aiming for growth.
By George YacikOctober 21 -
The big five banks had divergent results; San Francisco Fed publishes 18 papers on the dangers posed to businesses and communities by climate change.
By George YacikOctober 18 -
The banking industry will continue its fight against the credit-loss rule; the bank posted gains in consumer, wealth management and commercial lending.
By George YacikOctober 17 -
Third quarter profits at JPM, Wells Fargo and Citigroup got a boost from consumer banking; the company tells Fed it will remain a passive investor.
By George YacikOctober 16