Consumer banking
Consumer banking
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Wells Fargo & Co. has hired Credit Suisse Group's Jill Ford as head of its equity capital markets business.
May 30 -
The Consumer Financial Protection Bureau released fourth-quarter data last week showing a big drop in revenue from overdraft and nonsufficient-funds fees in 2022 compared with 2019 as big banks reduced or eliminated certain fees.
May 30 -
Led by Chairman Marshall Reynolds, the entire board of directors participated in a private placement that raised $10 million for the Hammond, Louisiana, company.
May 30 -
The banks that succeed in keeping top talent, from the branch to the corporate headquarters, do it by facilitating and encouraging employees' professional development.
May 30 -
Ever since Silicon Valley and Signature banks collapsed in March, a scramble began among regulators, politicians, bank executives and others to manage the fallout from this spring's banking crisis. Here are 10 predictions of what still lies ahead to be dealt with.
May 29 -
After the failures of Silicon Valley Bank and Signature Bank, other institutions rushed to reassure their customers. But it can be tricky to ensure these messages do no harm.
May 29 -
Pledges to get to net-zero funded emissions by 2050 appear to be falling by the wayside as oil companies expand their fossil fuel extraction operations.
May 26 -
Try keeping quiet and listening instead of talking, suggests the journalist Dan Lyons in his new book, "STFU." Doing so can lead to a host of benefits, from career advancement to a better marriage.
May 26 -
JPMorgan Chase notifies about 1,000 First Republic Bank employees that they aren't being given jobs — even temporarily — following its takeover of the failed lender.
May 25 -
The intersection of fintech and ag banking is still ripe for innovation. Banks and fintechs are looking for specialized solutions for their ag customers, from harvesting data to managing cash flow fluctuations.
May 25 -
California Credit Union receives a CDFI certification, Klarna adds a credit opt out, Amazon enables biometric-powered alcohol payments and more in this week's banking news roundup.
May 25 -
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The Kentucky-based bank plans to acquire the $234 million-asset Sumner Bank & Trust in central Tennessee in a transaction expected to close in the fourth quarter.
May 25 -
Two former top bank regulators argue that efforts to eliminate risk from the business of banking is a fool's errand, and say it is time to refocus banks' managers and boards on the business of managing it.
May 25 -
The fintech startup Renaud Laplanche launched seven years ago now works with 200 banks and offers personal loans and a combination debit and credit card. Up next: a secured card that gradually turns into a regular credit card.
May 24 -
A pair of mutual banks in Maryland and New York that sold minority stakes more than a decade ago are pursuing second-step offerings that will result in both becoming fully stock-traded companies.
May 24 -
The success of central bank digital currencies will be directly tied to their usability — by both individuals and businesses.
May 24 -
Lenders in coveted locations with stable deposit bases are bullish about their expansion opportunities despite the shadow the banking crisis and recession fears have cast on the rest of the industry.
May 23 -
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The Seattle bank is a victim of the short selling that has rocked the banking industry this year and its stock price doesn't reflect its fundamentals, CEO Mark Mason argues.
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