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Change in strategy to lure new customers; new FHFA director wants to make Fannie, Freddie “stronger, healthier."
By George YacikApril 23 -
Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.
By George YacikApril 22 -
Price hit "a grim reminder" about impact of soft interest rates; despite bitcoin's plunge, blockchain could be prominent in Wall Street's future.
By George YacikApril 18 -
Retail stars in bank earnings season as investment banking and capital markets sag; Dutch bank may be waiting in the wings if Deutsche can't close the deal.
By George YacikApril 17 -
Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange.
By George YacikApril 16 -
Citigroup, Goldman earnings surprise to the upside; cost cuts fueled the bank’s 14% earnings growth.
By George YacikApril 15 -
Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.
By George YacikApril 12 -
Small banks rise up against “onerous contracts and sometimes mediocre digital offerings”; Quarles warns banks to speed up preparations for Libor sunset.
By George YacikApril 11 -
Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks.
By George YacikApril 10 -
Clayton is the latest to raise concerns about bank loans to highly indebted companies; Wells Fargo’s performance took a hit with its reputation.
By George YacikApril 9