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Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. bank might get a female CEO.
February 21
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The company disclosed that it paid $146 million for servicing rights associated with $13 billion in mortgages.
February 21
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Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.
February 21
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The move, reported by The Wall Street Journal, could be part of a deeper foray into cobranded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.
February 21
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Page views and sales results don't explain which customers do what, and why they do things (or don't do them), in online and mobile banking.
February 20
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The results suggest that consumers who buy Green Dot cards are using them with greater frequency or for longer periods of time than they have in the past.
February 20
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More than three dozen organizations are asking the FDIC to reject Square’s pending application to become an industrial loan company, according to a letter filed Tuesday.
February 20
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Amid widespread concern about their exposure to leveraged lending, the debt rating agency says banks have sufficient earnings and capital cushions to continue investing in the sector.
February 20
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The agency has required restitution in just one of six settlements under its new director, raising questions about whether the pattern will continue.
February 20
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Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.
February 20
