Retail & Commercial

Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.

Fintech companies can help consumers and small businesses obtain credit at lower costs, but it is critical to ensure that these innovative companies do not harm borrowers with predatory or discriminatory lending practices.

First-quarter revenue at the scandal-plagued bank missed analysts’ estimates as profit fell in the lender’s troubled retail bank and expenses climbed.

The Memphis, Tenn., company also reported an improvement in credit quality during the first quarter.

Citigroup Inc. generated the most revenue from fixed-income trading in three years, defying some analysts’ concerns about a slowdown in interest rate and currency activity during the first quarter.

JPMorgan Chase posted earnings that beat analysts’ estimates, fueled by better-than-expected trading revenue and lending margins.

The 110-page document offers plenty of new details about what went wrong at the megabank but may leave shareholders wanting a truly independent investigation.

Whether donating to worthy causes or recommitting to decades-long partnerships, credit unions are putting their best face forward and showing their communities what the CU difference is all about.

In the near future, branch authentication will likely rely more on things like iris scans and palm readers than physical ID cards.

The risks associated with a megabank collapse still pose huge problems for the industry, despite assurances from the head of the nation’s largest bank.