Consumer banking
A month after the National Community Reinvestment Coalition blasted KeyBank's mortgage lending record to Black borrowers, the group said it will send letters to the Federal Reserve and OCC about its findings.
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The Cincinnati bank plans to close branches in Ohio, Michigan and Indiana and to open up to 35 locations in 2023.
January 12 -
Ryan Crowley, previously a Citigroup client-experience executive, replaces the unit's former chief operating officer, Pooja Daswani. The company also picked a CEO for its North America business and launched a search for a new wealth management chief.
January 12
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Matthew Quale was formerly the president of Bask Bank, a standalone digital brand under Texas Capital Bancshares.
January 11 -
Eric Bergevin, president and CEO of Integrated Financial Holdings, was killed in the Jan. 7 accident, the company said.
January 11 -
Sustainability and climate change continue to impact the business decisions of banks and fintechs looking to advance their green banking credentials.
January 10 -
The new consumer banking perk offers retail customers the option to receive federal tax refunds up to five days earlier than they'd normally get them from the IRS.
January 10 -
Significantly fewer households expected to be in worse shape in the coming year than was the case last summer, according to a December survey. The results are a positive sign for banks at the start of earnings season.
January 9 -
Minority depository institutions have limited budgets and staff to upgrade their technology. Some are turning to secondment programs and like-minded fintechs to tackle these problems.
January 4 -
A new app for people with a criminal past and a challenger bank "of immigrants for immigrants" are among the neobanks forging their own path in the banking world.
January 4