Consumer banking
Consumer banking
-
Marianne Lake, seen in recent months as a leading candidate to replace CEO Jamie Dimon, got the post she may have needed to round out her resume — consumer lending chief. And Jennifer Piepszak, another rising star at the company, will take over as CFO from Lake.
April 17 -
CEO Andy Cecere acknowledges that other banks have tried to broaden customer relationships and selectively expand into new markets before and struggled. But the sophistication of today’s online and mobile services could make all the difference this time, he says.
April 17 -
Interbrand will work with management of both banks, which have agreed to merge, to create a unified brand and logo.
April 17 -
With branch traffic on the decline, some CUs have taken steps to tweak their facilities in order to help brick and mortar stay relevant in a digital world.
April 17 -
TD and several other banks are licensing credit underwriting and fraud prevention technology from the fintech Avant to get their digital-lending products to market faster.
April 16 -
The findings of a new survey suggest that banks risk becoming irrelevant unless they match the speedier processes that are a key selling point for online lenders.
April 16 -
While NCUA lawyers fielded questions about the possibility of redlining, a three-judge appeals panel showed skepticism about other elements of the ABA's arguments against changes to credit union membership rules.
April 16 -
Bank of America's Brian Moynihan had a lot to brag about in discussing 1Q results but faced questions about what he would do if economic growth slows and rates hold steady for a prolonged period. Other bank chief executives have gotten, or will get, similar questions this earnings season.
April 16 -
The Dallas regional assured analysts that it has ample sources of liquidity to fund its expected loan growth.
April 16 -
Net interest income at the bank's consumer unit rose nearly 10%. But first quarter could be the last hurrah for that catalyst at BofA and other banks as the Fed pauses its rate-tightening cycle.
April 16 -
Karen Andres at the Center for Financial Services Innovation talks about the financial problems of people over 50 and how banks can help.
April 16 -
KeyBank is deploying new technology designed to improve the online and mobile banking experience and to guide branch employees' conversations with customers. The move comes on top of steps to modernize its IT infrastructure.
April 15 -
The investment platform, which is in the early stages of development, will be part of Marcus, the consumer bank Goldman launched in 2016.
April 15 -
MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.
April 15 -
Derek White, an alumnus of BBVA and Barclays, will oversee digital innovation across all lines of business at the bank.
April 15 -
Financial education programs have been shown to be largely ineffective. What low-income consumers really need from banks are better products and more tailored advice.
April 15 -
The New York company formed the nationwide group after hiring a team of former Square 1 bankers.
April 15 -
The fight over the credit union industry's tax-exempt status has moved from the federal to state level. It will take the entire movement working together to combat these challenges.
April 15 -
The bank's profits rose 2% despite a decline in revenue.
April 15 -
About 100 financial institutions are owned by or work with Native Americans, yet traditional banking services remain out of reach for many in this demographic.
April 15





















