Retail & Commercial

Research shows most consumers would prefer more options to pay down their debt early. Here’s why it would also help banks.

Marcus and the Apple credit card accounted for 3% of the bank’s profit in the first three quarters of 2019, despite a multibillion-dollar investment in consumer operations; the senator’s plan would make it easier to expunge debt.

Native American leaders are cheering the proposal, which would give banks Community Reinvestment Act credit for making loans on reservations, even if the lands sit far outside their assessment areas.

Clients will have an active role in testing new products and services at the regional giant formed by the merger of BB&T and SunTrust, says Chairman and CEO Kelly King.

All but a handful of states now allow a gamified way for consumers o save money, and some credit unions have adopted these programs to help boost deposits.

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.

In his new role, David Chubak will oversee all of Citigroup’s retail channels, product management and client segments.

The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.

Sidhu, who co-founded the digital-only unit of Customers Bancorp, replaces her father, Jay, who will remain executive chairman. The bank is also rolling out a new service that allows direct-deposit to customers to access their paychecks two days before they are paid.

Some banks and fintechs have already introduced pet-friendly policies in the office. Here are five reasons why it works.