Kristin Broughton

Goldman Sachs' newly launched consumer lending website is aimed at some of the very same customers that big banks and marketplace lenders covet, yet there are plenty of questions about its business plan, its ability to manage credit risk and the prospects of online lenders in general.

It's official: Goldman Sachs, the Wall Street investment banking titan, now offers consumer loans.

The Wall Street investment banking titan has entered the consumer lending market with the launch its long-awaited online lending platform, known as "Marcus by Goldman Sachs."

It's official: Goldman Sachs, the Wall Street investment banking titan, now offers consumer loans.

The No. 3 U.S. bank by assets has made a change at the top after a snowballing scandal involving the creation of fraudulent accounts.

"If you say you're going to be under $50 billion, then you say you're not growing," Ellen Alemany said after CIT announced the long-anticipated sale of the aircraft leasing unit.

Earnings season is set to begin with a bang Oct. 14 when four of the six largest banking companies report. The next few weeks will likely bring a steady stream of lackluster commercial lending results, good news on energy and mortgage books and (thanks, Wells Fargo) a whole lot of scrutiny of cross-selling practices.

The way women are portrayed on film affects their career trajectory, the actress said during a rousing speech at American Banker's annual Most Powerful Women in Banking dinner.

Citigroup on Tuesday said it will invest $1 billion over the next four years to upgrade technology and provide a range of new services in its Mexican banking division.

Orrstown Financial in Shippensburg, Pa., has agreed to pay a $1 million to settle charges that it misled investors as it raised capital in the wake of the financial crisis.