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Wells Fargo CEO tackles cost-cutting, job cuts and rumors he’ll be replaced; banks put up millions to keep uber-rich as depositors.
September 21 -
Flipkart, an Indian e-commerce company which Walmart bought in August, has launched a cardless credit program for consumers and is expected to apply for an NBFC licence, or a classification as non-bank that provides credit and other financial services in India.
September 21 -
When the Birmingham, Ala., bank was rethinking its branch strategy, it had to reconsider the role of its tellers. Ultimately, it decided to transition those workers to a more general banker role that emphasizes meaningful conversations with customers and continuous career progression.
September 20 -
The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020.
September 20 -
Whereas most regulators appointed in the Trump administration are focused on rolling back the post-crisis framework, Nellie Liang helped create it.
September 20 -
Following an increase in the CRE appraisal threshold for community bankers earlier this year, the National Credit Union Administration has proposed an even bigger shift for CUs.
September 20 -
Amazon is reportedly weighing plans to expand its cashierless Go convenience stores to include up to 3,000 units by 2021 — but traditional convenience stores may not feel the effects as much as the fast food market.
September 20 -
Fiserv Lending Solutions' rebrand to Sagent Lending Technologies reflects the company's focus on a more efficient process for mortgage and consumer lenders.
September 20 -
In addition to CUs across the continental United States receiving grants, Puerto Rico's cooperativas de ahorro y credito were included for the first time.
September 20 -
CUNA, Georgia CU Affiliates have partnered for an amicus brief on behalf of credit union.
September 20 -
In response to a news report, Betsy Duke said that the board has not reached out to potential CEO candidates.
September 20 -
The former EVP/chief information officer has been interim CEO since May, following Pete Sainato taking the helm at Transportation Federal Credit Union.
September 20 -
The Danish bank updates amount laundered; Goldman near deal for its Simon app.
September 20 -
Liang is currently a senior fellow at the Brookings Institution in Washington and previously led a Fed board division in charge of financial stability policy and research.
September 19 -
Brian Brooks, the mortgage giant's general counsel, is leaving this week to head the legal team at Coinbase.
September 19 -
The New York Post reported Wednesday that Wells Fargo board members met with Trump White House alum Gary Cohn about becoming the bank's next CEO, but were rebuffed. Here's what to conclude from the article.
September 19
American Banker -
State regulators and advocacy groups say a federal breach notification standard could supersede state laws that already benefit consumers.
September 19 -
Chief Executive Officer Jeff Bezos sees eliminating meal-time logjams in busy cities as the best way for Amazon to reinvent the brick-and-mortar shopping experience, where most spending still occurs
September 19 -
The Pittsburgh bank joins Bank of America and other large financial players in a distributed-ledger network that seeks to make global payments in real time.
September 19 -
Community bankers reject the conclusions of a Government Accountability Office report that say regulatory burdens only had a “modest effect” on the declining number of banks since 2010.
September 19

























