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Feeling that your bank is truly there for you is the difference between a bank account and a banking relationship.
November 28
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Large banks are catching up to regionals and nontraditional institutions in overall reputation scores, but regional banks are winning when it comes to innovation.
November 28 -
Entrepreneurs often call fees a drawback of their current financial institution, according to research from Arizent. Banks should focus on developing long-term relationships with these customers, rather than charging for every service, experts say.
November 25 -
Wall Street reporting has left Main Street behind and you, dear banker, should be concerned. A new book, "The Future of Business Journalism," explains why.
November 24
American Banker -
Daylight, which launched less than two years ago, is building a subscription service that helps LGBTQ customers overcome the complexities of starting a family.
November 23 -
Citi was the only bank cited in the agencies' biennial review of living wills for the eight largest U.S. banks.
November 23 -
Firms like Visa, Mastercard, Barclays and JPMorgan Chase are expanding hubs and accelerators as technology experts look for new jobs and entrepreneurs look for new ideas.
November 23 -
The Boston bank is engaged in a three-year endeavor to finance $5 billion to meet the credit needs of underserved communities. "This has to be in your DNA because you cannot fake it," CEO Nitin Mhatre said.
November 23 -
In the House of Representatives, Rep. Patrick McHenry wants to push regulators and bank CEOs on their ESG investments, but the real action is happening at the state level.
November 22 -
The top five have over seven billion dollars in total assets as of June 30, 2022.
November 22 -
Security researchers recently infiltrated a cybergang that stole account credentials with convincing, spoof websites. Could an ABA-endorsed solution help?
November 22 -
The growing anti-ESG backlash from Republican lawmakers may please the base, but as a practical policy it creates far more problems than it solves.
November 22
American Banker -
Friendly Hills Bancorp will soon be called First Pacific — a name its CEO has coveted for years. First Missouri recently rebranded as Verimore, a name it made up by combining words from Latin and English. In both cases, the changes reflect the banks' expansion into new markets.
November 22 -
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The case involved a customer who was charged $100,000 in legal fees when he tried to pay off a commercial mortgage early. After the borrower waged a nearly decadelong legal fight, a Florida court ordered the bank to reimburse a portion of the fees.
November 22 -
U.S. consumers are more likely to apply for a credit card, and less likely to get rejected, than they were last year, according to a New York Fed survey. The card industry is growing even as the mortgage and auto lending sectors show signs of retrenchment.
November 21 -
A Dallas-based startup that planned to build a banking option for folks who find Wall Street too liberal has laid off most employees and will cease operations.
November 21 -
Banks are underwater on many bonds they bought before interest rates began their sharp rise. The impact has been wide-ranging — decreasing the industry's interest in stock buybacks, dampening the appetite for M&A and raising concerns about some smaller institutions' ability to borrow from the Federal Home Loan banks.
November 21 -
If a $6.3 billion subsidy only generates a $304 million return in terms of housing and community development support, is that money well spent?
November 21
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A partnership with Singapore authorities and a project with a network of banks aim to demonstrate the viability and interoperability of central bank digital currencies.
November 21
























