-
Inter is listing on Nasdaq and plans to offer banking and payment products tailored for immigrants in the States.
June 22
-
Democratic senators led by Bob Menendez urged the Federal Reserve to take a more active role in the selection process of the heads of its regional banks so that more diverse candidates would be considered.
June 22
-
The Community Reinvestment Act has failed to reduce anti-Black racial discrimination in financial services, to lower poverty or to lessen environmental destruction.
June 22
-
Missed payments are rising among nonprime credits as higher prices on other goods leave consumers with less money to pay back their car and truck loans. The uptick may be a sign that the stellar credit environment for lenders is starting to turn.
June 21
-
Court-appointed custodian Alfred Putnam is seeking an extension of nearly three weeks to give more groups time to nominate candidates for a vacant board seat at the Philadelphia bank and solicit proxies from investors before a special meeting.
June 21
-
The Federal Deposit Insurance Corp. plans to increase assessment rates by 2 basis points for all insured depository institutions. Banks are expected to object to the hike as too much too soon.
June 21
-
The bank is providing dedicated space within its headquarters for clients to collaborate with product designers to develop new ideas.
June 21
-
Bruce Leighton will step down as president and chief executive in September.
June 21 -
Net income at America's Credit Union in Washington state jumped by about $5 million after it wound down an indirect auto loan program and deployed technology that automates decision-making.
June 21
-
The bank’s current focus is on its Calgary innovation hub, where it’s looking to reach 300 employees by the end of next year.
June 21
