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Alice Milligan has pushed Citi to introduce dozens of mobile enhancements intended to simplify customers' interactions with the bank.
June 6 -
A GOP House Financial Services Committee report alleges that Consumer Financial Protection Bureau Director Richard Cordray lied about the bureau's investigation into the Wells Fargo scandal.
June 6 -
The accounting board has scheduled a meeting that bankers hope will produce eleventh-hour modifications to reserving requirements.
June 6 -
President Trump's nominee to be the No. 2 at the Department of Housing and Urban Development faced tough questions on a proposed $6 billion cut to the department's budget.
June 6 -
Ahead of a vote on a bill that would eliminate orderly liquidation authority, supporters of those powers are proposing changes to make OLA more palatable to conservatives.
June 6 -
TIAA, the nearly 100-year-old retirement and insurance company, is starting an online robo-adviser this week, making it the latest firm to use automated advice to win customers in a rapidly changing asset-management industry.
June 6 -
The expansion of the Federal Reserve’s portfolio of Treasury debt and mortgage-backed securities has a bigger impact on the credit markets than paying banks interest on excess reserves.
June 6
Whalen Global Advisors LLC -
The ICBA backs a plan to recapitalize Fannie and Freddie through retained earnings and public offerings, but other groups see it as a self-interested proposal to help GSE stockholders.
June 6 -
The trade group filed a brief backing an effort by the American Bankers Association to push back against the NCUA's planned revisions to field-of-membership regulation.
June 6 -
The ICBA has filed a supporting brief to the American Banker's Association's FOM suit against NCUA, but a rapid decision is unlikely, and the case has already dragged on longer than the bankers' MBL suit.
June 6 -
President to name former One West lieutenant to Treasury Secretary Steven Mnuchin to head OCC; Wells plunges to number 100 from seventh in Barron's rankings of most respected public companies.
June 6 -
After months of speculation, former OneWest CEO Joseph Otting was finally named as the nominee for comptroller of the currency.
June 5 -
Given Jamie Dimon’s stature in banking, it’s unlikely that the longtime CEO's role on the advisory panel of a controversial president could tarnish JPMorgan Chase's reputation. But his involvement nonetheless carries an element of political risk.
June 5 -
Contrary to others’ opinion, interest on excess reserves is part of the Federal Reserve’s monetary policy that serves to reduce volatility and encourage growth.
June 5
Bank Policy Institute -
A controversial bank merger in Kansas City is likely to catch the eyes of credit union watchers as NCUA considers new rulemaking surrounding disclosures of incentives offered to board members and executives at merging CUs.
June 5 -
While a House bill expected to be passed this week has little chance in the Senate, some of its individual provisions could be enacted by Congress, including one aimed at banks' systemic threshold.
June 5 -
Former Inter-State Federal account holders believe they were shortchanged by the Missouri mutual's merger. A ruling in their favor could give depositors more power and could undermine what it means to be a mutual.
June 5 -
Ant Financial's Alipay, the payments affiliate of Alibaba, broke into the U.S. last year through a deal with First Data, and now it's expanding in Canada—alongside Tencent's WeChat—through partnerships orchestrated by Canadian tourism authorities.
June 5 -
JPMorgan Chase Chief Executive Officer Jamie Dimon, who in December agreed to exit a minority-owned Chinese investment-banking joint venture, said the U.S. bank is seeking to find a new structure that would eventually give it full control.
June 5 -
Walmart is piloting a delivery program that leverages its store staff as delivery drivers in a decidedly manual response to the digital threat of Amazon.com. And it just might work.
June 5




















