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The Wall Street Journal reported the Fed is investigating Goldman Sachs' Marcus division, the company's effort to reach U.S. consumers that has been scaled back. The New York bank's stock fell 2.5% after the news.
January 20 -
The implosion of the digital-asset exchange FTX shows that U.S. platforms should face heightened scrutiny from the Commodity Futures Trading Commission before being able to list crypto assets, according to one top official at the regulator.
January 20 -
The Birmingham, Alabama, bank expects up to $5 billion in additional deposit declines in the first half of 2023 but is hopeful for potential growth in funding later this year.
January 20 -
The parent company of Silicon Valley Bank, which has been mired in deposit challenges, expects little near-term change in the deployment of venture capital dollars, which executives say will keep putting pressure on SVB's balance sheet.
January 20 -
More consumers are struggling to pay their auto loans from Detroit-based Ally, but CEO Jeffrey Brown says executives "feel very good" about their preparations for a downturn. Investors appeared to like his message as its stock jumped 19%.
January 20 -
The crypto lender Genesis Global Holdco LLC is aiming for a relatively quick exit from bankruptcy court after collapsing under the force of a prolonged selloff in digital assets.
January 20 -
Speaking at an event hosted by the Council on Foreign Relations, Federal Reserve Gov. Christopher Waller said the Federal Reserve has a long runway for its balance sheet reduction.
January 20 -
Alaska USA Federal Credit Union, the 18th-largest credit union in the country by assets, said the new name better reflects its worldwide member base.
January 20 -
Banks worried about similar attacks against their own customers can use multifactor authentication and suspicious login detection to reduce risk.
January 20 -
The Ohio bank posted strong fourth-quarter earnings and, while it expects activity to ease some, it envisions continued strong loan growth in the year ahead.
January 20














