Retail & Commercial

Mary Mack, Wells Fargo's head of consumer banking and American Banker's No. 1 Woman to Watch, acknowledged recent issues at the bank, but noted the progress it's made in fixing them.

They are good at helping track savings, spending and debt, but they do not always provide consumers with a complete picture of their financial health.

Union Bankshares will gain 15 branches and $2 billion in loans in northern Virginia after it buys Access National.

JPMorgan Chase is eliminating 400 positions in its mortgage banking unit, the latest lender to trim staff as a result of lower-than-expected demand in 2018.

Wells Fargo is doubling down on the gun industry, undaunted by criticism of its deep ties to firearm companies and the National Rifle Association.

Speaking at an industry conference Thursday, two tech executives and a community banker said that community banks should be allowed to experiment with new products without worrying about running afoul of regulators.

There’s an opportunity for global banks willing to break down the internal silos that stifle good ideas.

The company is offering short-term installment loans to its clients’ customers; even institutions not accused of wrongdoing may pay a price.

In/PACT wants to encourage higher charitable donations by having donors use their banks’ online platforms instead of going directly to the charities.

Barbara Byrne, a lifetime achievement award winner, says the pace of adding diversity to C-suites must increase quickly.