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CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.
April 23 -
With just $22 million in assets, Manchester Municipal Federal Credit Union has millions in student loans on its books and never recorded a charge-off.
April 22Manchester Municipal Federal Credit Union - JPM exec shuffle, U.S. Bank’s first digital chief, CFPB and debt collection: Top stories of the week
Whether JPMorgan tipped its hand on a succession plan; U.S. Bank hires its first chief digital officer; all eyes on CFPB as it modernizes its debt collection rules; and more from this week’s most-read stories.
April 19 -
In her first policy speech since being confirmed as the agency's director, Kathy Kraninger promised less focus on enforcement actions and more emphasis on consumer education.
April 17 -
Bank of New York Mellon's clients shifted more of their deposits to higher-rate products. It was one of several trends that hurt the custody bank's bottom line.
April 17 -
The investment platform, which is in the early stages of development, will be part of Marcus, the consumer bank Goldman launched in 2016.
April 15 -
Financial education programs have been shown to be largely ineffective. What low-income consumers really need from banks are better products and more tailored advice.
April 15 -
The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.
April 12 -
The San Francisco bank has roughly doubled its assets in the last five years without the benefit of an acquisition.
April 12 -
The technology provider to financial advisers is partnering with Advisor Credit Exchange to help them connect their clients with banks and nonbanks for consumer and business loans.
April 10