Consumer banking
Consumer banking
-
With baby boomers moving into retirement and many young folks eschewing careers in banking, the industry could soon be facing a talent shortage. Are more banking degree programs the answer?
September 29 -
Tim Welsh has spent his first two months on the job thinking about how to make U.S. Bank as central to consumers’ lives as Amazon, develop new personal financial management services, and expand into new cities.
September 29 -
The company would not say where the jobs are based or how many positions are being eliminated. The layoffs come as Capital One's investments in digital technology are yielding efficiency gains.
September 29 -
Washington Federal is the latest bank to pull an application after being flagged for insufficient Bank Secrecy Act compliance.
September 29 -
Citi’s innovation leader, Yolande Piazza, envisions reinventing the way the bank interacts with customers, so that it is part of their daily lives — always present, always intuitively easy and always helpful.
September 29 -
After years of traditional job shadowing, a new initiative gives back office staff a taste of the challenges associated with member-facing positions.
September 29 -
Stephen Sessler, the director of mortgage banking at the $4 billion-asset Camden National Bank, provides other lenders a peek at the benefits and pitfalls of digital mortgages.
September 29 -
Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here’s an overview of the changes. Plus we recap all of the stories so far, including the top team winners, a feature on CIT Group’s Ellen Alemany, and New York regulator Maria Vullo’s op-ed on the Fearless Girl statue.
September 29 -
The first-of-its-kind study was an acknowledgment that as consumers rely more on digital banking channels, the nation's largest banks are competing more against each other and less against smaller institutions.
September 28 -
Ned Handy, who will take the helm in March, wants to be more aggressive luring deposits in the company's home state. That should reduce its reliance on other funding sources to support loan growth.
September 28 -
Rep. Patrick McHenry, R-N.C., plans to reintroduce legislation requiring the IRS to fast-track income verification, which proponents say could reduce the financial industry's dependence on credit bureaus.
September 28 -
Washington Federal has pulled its application to buy Anchor Bancorp after regulators flagged issues tied to its BSA systems and processes. The companies said they remain committed to the deal.
September 27 -
The company has agreed to buy Bay Bancorp for $129 million in stock.
September 27 -
Scholarships, workplace honors and other ways credit unions are making a name for themselves in the communities they serve.
September 27 -
The proposal is aimed at a simpler capital regime particularly for community banks, but some industry representatives and regulators themselves questioned whether the plan went far enough.
September 27 -
The identity theft threat created by the Equifax hack and the growth of online lending have given software makers a platform to pitch products that rely on selfies, scans of driver’s licenses and other nontraditional ID methods.
September 27 -
The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals.
September 26 -
Joseph MarcAurele will retire as chairman and CEO in March. The company's president and chief operating officer, Ned Handy, will take the helm.
September 26 -
The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.
September 26 -
The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank.
September 26



















