CHANDLER, Ariz. – First CU, one of several large Arizona credit unions suffering big losses, this week said it will close two branches, one in Flagstaff, ending a 23-year presence in that city.
The $460 million credit union, which lost $11.7 million in 2008 and $13.3 million in 2009, said it also is closing one of two branches it operates in Tucson.
The closures will help First CU focus on its operations in the Phoenix area, according to a news release.
Jamie Dimon said the revised Basel III plan still overstates risk and penalizes the largest banks.
The one-click checkout fintech, which launched its own "super app" last year, reduced its current workforce by about 30% last week.
Financial institution members of The Knoble will be using AI to monitor transactions around the soccer games for signs of trafficking and share suspicious activity information with each other.
The investment bank is the target of a campaign by Color of Change, a racial-justice advocacy group that's accusing Goldman of retreating from its diversity commitments.
The latest government-sponsored enterprise changes include a more flexible sampling and a longer maximum term for some manufactured housing loans, respectively.
From the war in Iran to reviving the American Dream, the CEO of JPMorganChase has a lot on his mind. Here are five takeaways from his message to shareholders.
