Rising wages and savings rates resulted in a decline in past-due payments in the second quarter, the American Bankers Association said in its quarterly report on delinquency trends in consumer lending.
The former banking lawyer, who went on to run major business lines at Merrill Lynch and UBS, will be honored Thursday at American Banker’s Most Powerful Women in Banking gala.
In seeking to make make ING the most digitally advanced lender in Europe, CEO Ralph Hamers' motto has been to "disrupt yourself before a competitor does it first." It's safe to say the tumult at the company during the last few weeks isn't what Hamers had in mind.
Square Inc. is offering loans to customers to pay for goods and services from merchants that use its payments platform, another move by the company to push deeper into financial services.
A two-year-old lawsuit by the CFPB may be languishing, but nine members of the Teachers Federation of America sued the student loan servicing giant alleging that it misled borrowers in public service professions in order to line its pockets.
The 22-year Bank of America vet loves digging into the company's financials and finding ways to simplify cumbersome processes. “The work is demanding. It can be deeply analytical in that you have to take the complex and make it simple.”
Finucane has tackled some sizable problems at Bank of America in recent years, so it makes perfect sense she's been tasked to manage one of the thorniest issues facing big banks today: leading BofA's European operations in the wake of Brexit.
