Bankruptcy Blogs

Credit unions could take a hit as pandemic alters college landscape

09/01/20

Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.

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Wells Fargo offers new account with no minimum balances or overdrafts

09/01/20

The bank said the account is geared to consumers who want better control over their spending or are new to banking.

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Banks model site search upgrades on Google

09/01/20

BBVA and U.S. Bank are fine-tuning the search functions on their sites and apps to improve navigation, sales and customer retention.

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Huntington pledges $20B to address racial, income inequality

09/01/20

The bank's five-year commitment will focus on providing more capital to small businesses and expanding access to affordable housing and home ownership.

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Plaid launches real-time updates on account activity

09/01/20

Banks that work with the data aggregator will tell it when account updates are ready, so it can refresh fintech (or bank) apps immediately.

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Ohio credit union merger takes effect

09/01/20

Pathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.

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CIT sells wealth management business to FirstSun Capital

09/01/20

CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank.

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Credit card firms split on fate of consumers while U.S. cuts aid

09/01/20

Capital One Financial is reining in credit lines to reduce its exposure while the nation’s largest card issuer, JPMorgan Chase, is rolling out a new card designed for travelers and diners.

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Longtime CEO of Superior Choice Credit Union to step down

09/01/20

Gary Elliott will retire at the end of 2020, and the credit union has hired a search firm to help find its next leader.

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'Uninvestable' bank stocks; JPMorgan Chase hires Vanguard's robo investment chief

09/01/20

Central banks “have conspired to destroy returns” with monetary policy and dividend constraints, the FT argues; JPMorgan Chase hired the Vanguard vet to lead its phone and video-based financial advice unit.

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