Consumer banking
Consumer banking
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Even as banks have built up their defenses, fraudsters continue to find new ways to try steal consumers’ identities to open accounts, take out loans or intercept payments.
May 8 -
A group led by former community bank CEO Dave Mallett hopes Ohio State Bank will open for business in Columbus by the end of the year.
May 8 -
Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations.
May 8 -
The Japanese bank, owner of Union Bank in San Francisco, has hired RBC alum Roger Blissett to raise its profile among lawmakers, oversee compliance and build deeper relationships with regulators as its recent charter switch continues to stir controversy.
May 8 -
Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market uncertainty.
May 8 -
Gary Cohn, the former director of the White House Economic Council, said he's still weighing options for his next role but one possibility is a digital bank.
May 8 -
How a measure to make opening online accounts easier was crafted — and why it needs to pass Congress.
May 8 -
The program has expanded to seek startups in Chicago and Wisconsin for mentoring and potential partnerships.
May 8 -
The agency’s rule restricting short-term loans ignores state discretion and harms needy borrowers, argues Louisiana’s attorney general.
May 8 -
Financial Institutions agreed to buy HNP Capital, a wealth management firm near Rochester.
May 8 -
January 14, 2020 seems like a long way away. But there are less than two years before the Windows 7 cut-off date hits; and time flies when it comes to ATM upgrades, writes Paul Albright, executive vice president of Outsource ATM.
May 8 -
Lorie Shannon, recruited from SunTrust, will oversee a strategy that features large, non-QM mortgages in key markets.
May 7 -
The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals.
May 7 -
The insurance giant said it would need to make a “significant additional investment” to gain scale and be competitive. It has hired an investment banker to help it unload deposits and loans.
May 7 -
For the second time in a year, the scandal-scarred bank has launched a brand campaign aimed at restoring trust with customers.
May 7 -
Tax reform and the need for new, tech-savvy banks to compete with fintechs are high on a growing list of factors encouraging investors to gamble on banking startups.
May 7 -
New legislation calls on the USPS to begin offering banking services, which would be a dangerous use of government resources.
May 7 -
The class-action lawsuit filed by investors alleged that bank executives deliberately failed to disclose the full nature of its cross-selling practices to shareholders.
May 4 -
One woman's legal battle of more than a decade could develop into one of the biggest gender discrimination lawsuits to hit Wall Street. Bank of America faces a complaint after its sexual harassment ouster, and loses another top female executive. Plus, lots of tech initiatives.
May 4 -
Onboarding technology isn't enough if the account opening process is too cumbersome, a J.D. Power survey finds.
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