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Profits dipped 7% from a year earlier but banks still earned nearly $60 billion, the agency said in its Quarterly Banking Profile.
November 26 -
Democratic Senators Elizabeth Warren and Sherrod Brown want the Consumer Financial Protection Bureau to examine allegations of bias against women who applied for an Apple credit card underwritten by Goldman Sachs.
November 26 -
Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups from Southeast Asia to India and help strengthen its foothold in fast-growing mobile internet markets, a person familiar with the matter said.
November 26 -
Interoperability has become a top priority in the minds of those advancing faster payments.
November 26 -
Membership was previously only available to consumers in five counties.
November 26 -
The Bank of England fined Citi $57 million for failing to properly report capital and liquidity levels at its European investment bank and other global operations.
November 26 -
Rodney Hood, chairman of the National Credit Union Administration board, visited a Connecticut institution while others announced personnel changes.
November 26 -
Bank regulators are considering a bypass to the 2015 court ruling governing loan sales that would ultimately offer more credit options to entrepreneurs.
November 26
Innovative Lending Platform Association -
The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”
November 26









