Banking

The financial press ponders how a replay of the 2008 crisis can be avoided; losing HNA's 7.6% stake may be a blessing in disguise, but DB's funding costs remain a worry.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon Go opens in New York; Paul Galant joins Softbank subsidiary; Visa adds disaster recovery feature; Russian hacking suspect extradited to New York; Vizeo TV may have to disclose spying on viewers.

Many workers get extra days off to celebrate all kinds of things, from their birthdays to a good regulatory exam score, or as a reward for charitable giving and other community involvement.

Dawn Morris, formerly of Webster Financial, will also oversee marketing and customer experience.

The agency announced a new lineup for the Consumer Advisory Board after having fired its previous members and those of two other panels.

Delinquencies have held steady for a year, and observers are optimistic about upcoming third-quarter data. But the long-term question is whether solid underwriting can overcome higher vehicle prices and consumer debt burdens.

First Bank Financial Centre's Mark Mohr personalizes work anniversary cards by drawing sketches on them highlighting employees' interests.

Acquiring fintechs can be a smart way for banks to access needed tech talent, but they must be careful not to stifle innovation in the merger.

Agency’s first supervisory report under Mulvaney finds little change; the nonbank lender surpasses Citigroup and Bank of America in home loans.

The information you need to start your day, from PaymentsSource and around the Web: Apple Pay stalls in India; Walmart's grocery partner; FIDO's new program; and more.

Sen. Elizabeth Warren and Rep. Elijah Cummings have called for an update on probes into the credit reporting giant a year after its massive data breach came to light.

Net income up is up for the industry on average, but the number of federally insured credit unions has dropped to 5,480.

Club owners used to be able to get bank loans, but that changed as the de-risking wave reshaped banks' relationships with pot firms, exotic dancers and many others. Whether the taboo can or should last becomes a big question as adult entertainment keeps growing.

Citigroup promoted bankers Tyler Dickson and Manolo Falco to run a reconstructed version of its investment banking operations.

Investigators have sought more information from the bank in recent weeks about whether management pressured workers to improperly change documents in order to meet a regulatory deadline, according to a news report.

The head of commercial banking at Citizens Financial urged bankers and other financial professionals to step out of their traditional roles and guide clients through corporate governance, data and other challenges that they themselves have dealt with.

The French banking giant will lower its stake in First Hawaiian below 20% when the secondary offering is completed.

Financial institutions need to manage expectations about what they can offer customers or they risk losing credibility with customers.

The agencies are looking into firm's forex pricing; the Fed is accused of stalling on a novel banking idea.