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A few changes to underwriting rules could result in a huge opportunity for both lenders and minority women who own businesses.
December 13
CNote -
Citigroup and Macy’s renewed their longtime credit card partnership after the two spent months renegotiating the terms of the agreement.
December 13 -
The $6.7 billion-asset Byline Bancorp plans to invest most of the savings into digital banking.
December 13 -
Credit Suisse Group named Francesco De Ferrari to head its global wealth business and appointed new heads for the Americas and Switzerland, as the bank reorganizes after one of its most difficult years since the financial crisis.
December 13 -
The financial technology firm Chime said customers can now deposit cash at more than 8,500 Walgreens Boots Alliance locations, another example of nonbanks pushing deeper into consumer finance.
December 13 -
A new survey of industry executives finds substantial interest in cryptocurrencies and mergers but anxiety about competition from large technology companies.
December 13 -
For the third time since the start of the pandemic, the Richmond, Virginia, company will close branches to contain costs in what it calls a “challenging macroeconomic environment.”
December 10 -
If the Democratic majority on the Federal Deposit Insurance Corp.’s board succeeds in advancing a review of bank merger policy — over the disapproval of Chair Jelena McWilliams — progressive regulators could be emboldened to push for more substantive reforms.
December 10 -
Through its partnership with Visa, the California credit union lets members receive digital replacements for lost cards almost instantly and add digital cards to mobile wallets like Apple Pay.
December 10 -
Driver Management says CEO Vernon Hill’s aggressive deposit-gathering strategy is not paying off for shareholders and wants the company to merge with a bank that would deploy the deposits into higher-yielding loans.
December 10










