Branch banking

Wells Fargo to pay $110M to settle fake-accounts lawsuit

03/28/17

The settlement, which requires judicial approval, will cover customers' fees and other costs related to about 2 million unauthorized accounts.

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Santander briefly closes Boston branch after protesters get inside

03/27/17

The demonstration was staged by a union-affiliated group that wants to organize bank workers.

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Huntington taps Bank of the West exec to lead retail bank

03/23/17

Andy Harmening will succeed longtime retail banking chief Mary Navarro, who is retiring in June.

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Seven banks vying to create the branch of the future

03/23/17

At a time when customers are rapidly switching to digital banking, scores of branches are closing. But many institutions — mindful that brick-and-mortar locations remain a critical sales channel — are also experimenting with physical layouts that are focused on technology and generally smaller than traditional branches. In some cases, they have even done away with employees. Here is a look at some of the designs that banks have built as they seek to fuse the physical with the digital.

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The Wells Fargo problem has only started for other banks

03/17/17

Banks like TD and U.S. Bancorp are suddenly taking public shots from current and former employees critical of their sales practices, a sign that the industry has not put behind it the questions raised months ago by the phony-accounts scandal at Wells.

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'Fintech charter was a whimsical notion': Comments of the week

03/17/17

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

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How tech wave forces bankers to show their human side

03/15/17

It may seem counterintuitive, but the rise of digital banking makes human interactions in branches more important than ever.

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What if customers don’t want branch banking to end?

03/14/17

The banking industry as we once knew it has changed, but a world-class, person-to-person, in-store experience still provides a unique way to connect with customers on a genuine level.

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Credit union to buy branches, deposits of failed Chicago bank

03/10/17

State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union.

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Why banks are dedicating more time to courting older customers

03/09/17

Seniors typically have stellar credit and can be a good source of deposits in a rising rate environment.

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