Consumer banking
Consumer banking
-
Digit's decision to charge a monthly fee for its savings help speaks to the challenge of making fintech profitable.
April 13 -
Earnings season kicked off with some banks capitalizing better than others on higher rates and still-low deposit costs. Banks will have to keep working on that balance as they contend with rising credit card losses, slower commercial lending and other issues.
April 13 -
Tangerine Bank, the digital lender owned by Bank of Nova Scotia, will start offering credit lines this year as it seeks to bolster flagging profit through expanded product offerings.
April 13 -
The number of U.S. banks has fallen by 24% since the end of 2010, a result of mergers, failures and a dearth of de novo activity. Here are the 10 states with the biggest declines as a percentage of total banks headquartered in the state, according to Federal Deposit Insurance Corp. data.
April 13 -
First-quarter revenue at the scandal-plagued bank missed analysts’ estimates as profit fell in the lender’s troubled retail bank and expenses climbed.
April 13 -
Citigroup Inc. generated the most revenue from fixed-income trading in three years, defying some analysts’ concerns about a slowdown in interest rate and currency activity during the first quarter.
April 13 -
JPMorgan Chase posted earnings that beat analysts’ estimates, fueled by better-than-expected trading revenue and lending margins.
April 13 -
The 110-page document offers plenty of new details about what went wrong at the megabank but may leave shareholders wanting a truly independent investigation.
April 12 -
Whether donating to worthy causes or recommitting to decades-long partnerships, credit unions are putting their best face forward and showing their communities what the CU difference is all about.
April 12 -
In the near future, branch authentication will likely rely more on things like iris scans and palm readers than physical ID cards.
April 12 -
The risks associated with a megabank collapse still pose huge problems for the industry, despite assurances from the head of the nation’s largest bank.
April 12 -
These execs say they are finding ways to reduce fixed costs in areas such as branching and personnel, offer appealing tech, yet provide in-person services when customers have concerns.
April 11 -
Amala Duggirala said she was attracted to Regions because of its digital products and commitment to innovation.
April 11 -
The Little Rock, Ark., bank said first-quarter profits rose slightly and that it plans to dissolve its holding company to trim regulatory costs.
April 11 -
The deal had been held up by U.K. regulators over concerns about competitive balance.
April 11 -
Opus Bank has added Paul Greig, who was CEO of FirstMerit until its sale in July, as a director.
April 11 -
Carter, who built what became Carter Bank and Trust from the ground up, was praised for his “uncanny” credit acumen, devotion to community and family, and willingness to take unconventional risks.
April 11 -
Directors take back $75 million more from two former executives and release scathing report on bank's fake accounts scandal; UBS executive sees decade-long wait for transformation.
April 11 -
Specialization — either in types of customers, lines of business or distinct geographies — is one of the best ways for small banks to outdo larger rivals that rely on scale to make money.
April 10 -
The San Francisco bank is trying to turn the page with a new report that mostly pins blame on executives who have either left the company or been demoted, but the report shows the misconduct went further back than previously acknowledged.
April 10





















