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Citigroup plans to purchase or produce all of its energy from renewable sources by 2020, the company said during Climate Week New York.
September 20 -
How do you restore profits after a banking scandal that victimized both customers and employees — without inflicting more pain on either side?
August 18 -
Sanger is out at Wells Fargo and so it is a crisis that gives us our first female board chair at a major U.S. bank. Women lead two major tech initiatives at JPMorgan Chase, which is also adding a fourth woman to its executive committee.
August 17
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Duke, currently vice chairman, was rumored to be a likely contender for the chairman spot last week.
August 15 -
The mishandling of the two former employees’ complaints, detailed in documents and by former OSHA officials, raises questions about the government’s treatment of whistleblowers throughout the financial services industry.
August 14 -
JPMorgan CEO Dimon says banks are putting Silicon Valley to shame … in terms of diversity; Uber’s plan to replace its CEO with a woman seems to be sputtering; and Yellen’s potential successors also are all men.
August 10
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Wells Fargo's admission that it charged customers for auto policies they didn't request has prompted an investigation by the California Department of Insurance.
August 8 -
Wells Fargo customers suing the bank for forcing them to pay for unnecessary auto insurance that drove some of them into default on their car loans asked a court to order the bank to immediately take steps to repair their credit reports.
August 4 -
After yet another scandal, it's time for would-be Wells Fargo shareholders to decide: Is this a rare buying opportunity or has the bank lost its mojo?
August 1 -
Just as pre-crisis success was illusory, so too might be expectations that banks could ever regain that type of profit growth again.
July 25
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The McLean, Va., lender, which has substantial exposure to subprime consumer loans, also added to its provision for credit losses.
July 20 -
Small-business customers of Bank of America can now apply for credit through the bank’s digital channels.
July 19 -
The CEO of Keefe, Bruyette & Woods, a top matchmaker for bank mergers, explains why large banks will soon return to dealmaking after a long absence, the case for starting new banks and the enduring value of branches.
July 18 -
The phony-sales scandal forced a reckoning over an organizational structure that had long encouraged autonomy for the bank’s various business units.
July 14 -
Expenses also rose, as well as the provision for loan losses, but credit quality remained spotless at the lender to the wealthy.
July 14 -
Readers criticized a credit union securitization proposal, weighed in on scaling back the CFPB’s complaint database, debated the need for banks to examine gender-based salary comparisons, and more.
June 30 -
Bank of America plans to lift its dividend above a level that Warren Buffett said would compel him to convert preferred shares into the lender's common stock.
June 29 -
The largest banks announced plans to distribute capital back to shareholders after the Fed gave passing grades to everyone following this year’s CCAR stress tests.
June 28 -
Wells Fargo aside, the industry overall should be pleased with the results of our annual survey of bank reputations. One key insight: Displaying strong ethics is an effective way to improve what people think of your bank.
June 27 -
The refusal by top U.S. banks and credit card companies to respond to investor concerns about gender inequity is in contrast with progress by U.K. banks.
June 27
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