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Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.
April 22 -
The SEC and other regulators are taking a closer look at ICOs and mergers involving cryptocurrencies and distributed ledgers, which requires careful diligence for payment companies and dealmakers, according to Will Turner, a partner in the blockchain and cryptocurrency practice at Steptoe & Johnson.
April 22
Steptoe & Johnson -
The reasons for banks to not embrace faster payments schemes are quickly dwindling. But many are still watching from the sidelines.
April 22 -
At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.
April 21 - JPM exec shuffle, U.S. Bank’s first digital chief, CFPB and debt collection: Top stories of the week
Whether JPMorgan tipped its hand on a succession plan; U.S. Bank hires its first chief digital officer; all eyes on CFPB as it modernizes its debt collection rules; and more from this week’s most-read stories.
April 19 -
The special counsel’s long-awaited report describes three separate occasions in which Foresman, vice chairman of the Swiss company’s investment bank, had Trump-related contacts with Russians.
April 18 -
The Rhode Island bank’s deposit costs nearly doubled in the first quarter, but CEO Bruce Van Saun says it has to go on the offensive to sustain loan growth.
April 18 -
Measures of loan performance were generally better than expected at Ally, American Express, Synchrony and Sallie Mae. Their 1Q reports suggest that consumers remain able to meet their obligations despite a long run-up in debt.
April 18 -
The current compensation rule, which was last updated more than two decades ago, is confusing, industry experts said.
April 18 -
Allied Irish Banks and First Data's joint venture have agreed to a $112 million deal to purchase the consumer payment network and merchant acquirer.
April 18 -
Arguments that the central bank should develop its own system for faster payments ignore current market realities, says The Clearing House, which has developed its own network.
April 18
The Clearing House Association and Payments Company -
If American Express is going to soar in the future, it plans to do so firmly attached to the new 11-year contract it has signed with Delta Airlines.
April 18 -
The Providence, R.I., bank reported increases in most fee-based lines and loan categories, and it continued to add deposits through its new digital franchise, Citizens Access.
April 18 -
The Alabama company recorded a $91 million loan-loss provision and raised deposit rates during the first quarter.
April 18 -
Price hit "a grim reminder" about impact of soft interest rates; despite bitcoin's plunge, blockchain could be prominent in Wall Street's future.
April 18 -
A Toronto fintech is seeking share for distinct niche — and it thinks a three-year-old technology decision by Visa may be the ticket to its success.
April 18 -
It remains to be seen whether anti-money-laundering provisions will get a deeper look this Congress or whether political optics will divide lawmakers on moving ahead with changes.
April 17
American Banker -
Marianne Lake, seen in recent months as a leading candidate to replace CEO Jamie Dimon, got the post she may have needed to round out her resume — consumer lending chief. And Jennifer Piepszak, another rising star at the company, will take over as CFO from Lake.
April 17 -
CEO Andy Cecere acknowledges that other banks have tried to broaden customer relationships and selectively expand into new markets before and struggled. But the sophistication of today’s online and mobile services could make all the difference this time, he says.
April 17 -
Interbrand will work with management of both banks, which have agreed to merge, to create a unified brand and logo.
April 17






















