Retail & Commercial

Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.

Customers of the New Jersey bank will be able to complete applications in minutes and receive funding in as little as one business day.

BB&T-SunTrust merger closing could slip into 2020; how “the most feared freshman” is shaking up House Banking panel; consumers are split about trusting Amazon, Google with their savings; and more from this week’s most-read stories.

Count Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. The key, he says, is to focus on delivering services customers are willing to pay fees for and to skillfully reprice deposits until then.

The two agencies requested comment on the scorecard regulators use to assess a bank's overall health as some question whether ratings are consistently applied.

The Toronto-based bank has hired 1,200 people across five countries in North and South America to focus on digital features.

Zachary Wasserman will succeed Mac McCullough, who is retiring at the end the year.

Gordon Sondland, the U.S. ambassador to the European Union, is often described as a hotelier from the Pacific Northwest. But he has also had a long and sometimes controversial career in finance.

Because such a high number of new cardholders were paying fees for premium cards, Amex is earning subscription-like recurring revenue.