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The race to succeed Fed Chairman Ben Bernanke was kicked into high gear last week by rumors President Obama was about to announce his choice. The White House eventually backed off of that, saying a nomination was likely to come in the fall. Still, the speculation over who will be the next central bank chief has reached fever pitch. Following are the top candidates:
July 29 -
Several major trends continued in the second quarter: strengthening credit quality, continued debt reduction and a focus on cutting costs. Revenue and loan growth remain a challenge, but signs are emerging that consumers and businesses are ready to spend again, which could bode well for bank earnings in the second half of the year and into 2014. Other potential profit drivers: a surge in wealth management income and, for some banks, a more level playing field.
July 29 -
A selection of images featuring credit unions efforts in their communities.
July 29 -
Merchant Customer Exchange, a mobile wallet initiative that involves more than 50 retailers, is coming into focus. Though the one-year-old MCX has yet to release a product, it has attracted key people and partnerships that demonstrate to the payments industry that it is a serious contender.
July 26 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
July 26 -
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.
July 23 -
With the completion of Basel III final rules, regulators have at least fulfilled a Dodd-Frank Act requirement to raise capital standards. But as the financial reform law approaches its three-year anniversary on July 21, only 40% of the roughly 400 required rules have been finalized while nearly 32% have not even been proposed, according to the law firm Davis Polk.Following is a list of some of the top Dodd-Frank rules that have not yet been completed.
July 22 -
The PayVest event in New York, presented by PaymentsSource, American Banker and NYPAY, brought together many key players in emerging payments and technology. Many of them are taking different paths to the future.
July 20 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
July 19 -
These banks have money to spend, strong stocks and a stated goal of expansion through M&A. Look for them to buy a bank this year or early next year. After all, dealmaking takes time.
July 18 -
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.
July 16 -
M&A, bank consolidation and marketing strategies are among the reasons why a number of banks have changed their names in recent months. Here are some notable examples from this year.
July 15 -
Payments and marketing are getting closer than ever, and several companies are blurring the line between where the payment ends and where the pitch begins.
July 15 -
A selection of images featuring credit unions efforts in their communities.
July 15 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
July 12 -
American Banker asked readers and staff members to recommend books for bankers to take on their summer vacations. Share your own suggestions in the Comments section below.
July 10 -
By July 2008, when Apple introduced the app store as part of the new iPhone 3G, the idea of mobile payments had largely flopped. The app store gave payments companies a second chance at creating the mobile wallet but many still stumbled along the way.
July 9 -
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.
July 9 -
Banks are facing new challenges ranging from cyberattacks to funding needs, and many have created special posts to confront those issues. Here are some relatively new titles that have sprung up in recent years.
July 8 -
A selection of images featuring credit unions efforts in their communities.
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