Corporate finance

The industry is waiting to see if banks will get the same no-cost land leases on military bases that credit unions currently enjoy.

The deal expands the number of compliance tools owned by credit union leagues and other industry groups.

The Boston company said the loan participation went into default due to potentially fraudulent activity.

Under Monaco's leadership, Citi has ranked as the top investment bank to governments and governmental organizations in four out of the past five years.

When HSBC announced 16 appointments amid changes to top management in April, Bouazza, who previously co-led the bank's Latin American business, was the lone woman selected.

Thurlow recognized that if she wanted to get serious about reaching the unbanked in her community, she needed to meet people where they were. That meant providing financial products they actually need and giving them access in their native language.

Thasunda Duckett, CEO of Chase Consumer Banking, has been a key architect of JPMorgan Chase's massive planned branch expansion.

A classically trained pianist who co-heads investment banking for consumer products at Citigroup, Hoover sees a parallel between the focus she and her team bring to their business and achievement at the highest levels of classical music.

Under the leadership of Barbara Mariniello, Barclays now ranks among the largest underwriters for corporate bonds in the Americas.

As the industry considers a movement-wide focus on diversity and inclusion, some at the annual Inclusiv conference say there are opportunities for credit unions to better serve immigrants and have more diverse staffs.

Hispanics will make up more than half of new homeowners by 2030, and credit unions need to actively market to this demographic, according to a panel discussion at Inclusiv's annual conference.

The loan participation has been flagged for potentially fraudulent activity.

The bank is adding senior tech executives from Amazon and Verizon as partners; bank allegedly inflated prices and overcharged investors for mortgage bonds.

Expectations of more rate-cutting and slower GDP growth led the Minneapolis company to scale back its net income and revenue projections through 2022.

Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

At the median, credit unions saw growth slacken in several key areas during the year ending at June 30.

In an interview with Credit Union Journal, Todd Harper, NCUA board member, said the regulator was working to avert similar problems in the future.

For the third time in five months, the San Francisco bank made a downward revision Monday to its guidance on net interest income. An executive cited the impact of lower interest rates.

The six biggest banks are expected to issue disappointing forecasts as rates continue to decline; technology stock mutual funds scored with payment plays.

The card builds on Mastercard’s goal of expanding products for underbanked consumers in sub-Saharan Africa.