Consumer banking
Consumer banking
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The phony-sales scandal forced a reckoning over an organizational structure that had long encouraged autonomy for the bank’s various business units.
July 14 -
Donating money, food, time and more to help improve the lives of others.
July 14 -
Buying Capital Bank puts the company on a fast track for more regulatory scrutiny. Executives are identifying ways to boost revenue and taking other measures so it can handle the change.
July 14 -
The bank's Costco card portfolio boosted profits (again), as did internal growth from store-branded cards from Home Depot and Best Buy. Citi’s card business is avoiding — for now — the pain in the retail sector.
July 14 -
While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence.
July 14 -
Several RBB Bancorp executives and directors, including CEO Alan Thian, will also sell a significant number of shares when the Los Angeles company goes public.
July 14 -
Citigroup's bond traders and investment bankers are closing in on their rivals at JPMorgan Chase.
July 14 -
Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.
July 14 -
While trading results reported Friday were worse than the firm had warned, 2Q earnings set a record and the company said it will increase loans this year at double the rate analysts expected.
July 14 -
A community bank gets taken to task by the Equal Employment Opportunity Commission. Tennis player Andy Murray makes his mom — and lots of other women — proud at Wimbledon. Also, the Bank of England's Charlotte Hogg and Morgan Stanley's Naureen Hassan.
July 13 -
What's more, loan officers' pay has dropped. At work behind these surprising trends is a blend of economic forces, technological change and pressure on banks and credit unions to pay entry-level employees better.
July 13 -
First Citizens is pressuring KS Bancorp to sell even though the banks' operations overlap in many markets in eastern North Carolina.
July 13 -
Working with Sungage Financial will help NBT Bancorp diversify its consumer loan portfolio and learn from a fintech startup with a speedy credit approval process.
July 13 -
What's more, loan officers' pay has dropped. At work behind these surprising trends is a blend of economic forces, technological change and pressure on banks to pay entry-level employees better.
July 13 -
WSFS is implementing a new internal audit program and shoring up the succession planning in its risk department.
July 13 -
Stopping house fires, reducing poverty, protecting consumers and other ways credit unions are giving back.
July 13 -
The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments.
July 13 -
Before banks replace their core systems — which are largely homogeneous in the U.S. — they should work on ways to deliver convenient and engaging digital services for each of their channels.
July 13 -
Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.
July 12 -
Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.
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