-
Credit Suisse Group is shifting resources in the pursuit of business from a broader range of rich clients, as the lender focuses more on wealth management amid cuts to its troubled investment bank.
August 23 -
Goldman Sachs Group faces a June 5 trial in a long-simmering gender-bias class action alleging the bank discriminated against thousands of women in pay and promotion.
August 23 -
A recent mini-tender offer to shareholders in Truist Financial serves as a cautionary tale. "They're trolling around for investors that aren't paying attention," one lawyer said.
August 22 -
In a joint letter to the Consumer Financial Protection Bureau, three industry groups challenged the legal basis for a recent information request and accused the agency of unfairly disparaging the quality of customer service that banks provide.
August 22 -
Interest-free credit and fast approval make BNPL an attractive payment option for consumers, who are increasingly using short-term installment credit to manage their cash flow when paying for immediate, small-dollar purchases.
August 22 -
The layoffs appear to be focused on the company's bank subsidiary, according to the San Antonio Express-News. USAA declined to provide any details on the job cuts.
August 22 -
The North Carolina bank bought technology from Zaloni in an effort to boost data collection, metadata management, advanced analytics, artificial intelligence and machine learning.
August 22 -
Banking trade groups are saying the Federal Deposit Insurance Corp.'s plan to increase the deposit insurance fund is poorly timed and based on flawed assumptions.
August 22 -
At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving.
August 22 -
Itay Tuchman, who spent the past five years running Citigroup Inc.'s sprawling foreign-exchange trading desk and successfully beat back allegations that he was part of an illegal trading cartel in Australia, is leaving after more than two decades at the firm.
August 22









