Investment banking

Consumer finance portal will be able to tell customers which loans they’ll qualify for; Marcus unit will soon offer investment services.

On paper, conditions would seem favorable for regional banks to pursue acquisitions in order to overcome organic growth challenges. But executives have poured cold water on that idea in recent days.

Commercial and industrial lending rose 8% in the third quarter at the Cleveland bank, but other factors drove its double-digit gain in profits as overall loan growth was modest.

BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings.

The interest-rate moves stoking President Donald Trump’s ire are also fueling Citigroup Inc.’s profits.

The biggest U.S. bank leaned on old-fashioned lending in the third quarter to weather a slump in fixed-income trading.

There’s an opportunity for global banks willing to break down the internal silos that stifle good ideas.

Barbara Byrne, a lifetime achievement award winner, says the pace of adding diversity to C-suites must increase quickly.

For her trailblazing career on Wall Street, Byrne will be honored on Thursday at American Banker’s Most Powerful Women in Banking gala in New York.

When Stephanie Cohen earned the chief strategy officer’s job at Goldman Sachs in January, she was told she had a blank sheet of paper. Cohen responded by, among other things, launching an internal incubator for new business ideas.