Tatiana Clouthier, one of the most powerful lawmakers Mexico, is backing a campaign that's spread jitters through financial markets: make the banks charge less. ... Read full article
The bank said in its annual report that anticipated store closings could reduce both new account acquisitions and purchase volume. ... Read full article
The name of John Havens was on a list of 25 men, including New England Patriots owner Bob Kraft, being charged for soliciting, police officials in Jupiter, Fla., said. ... Read full article
Will Howle, head of U.S. retail and mortgage banking, and Alice Milligan, chief digital experience officer, will leave this spring. ... Read full article
The swaps contract was struck before the U.S. stepped up sanctions on the Venezuelan leader's government, but it's due to expire soon, and whether Citi should repossess the gold is a political football. ... Read full article
Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. ... Read full article
Page views and sales results don't explain which customers do what, and why they do things (or don't do them), in online and mobile banking. ... Read full article
CEO Corbat says “thousands” of call center jobs may be lost; Barclays shareholder sells all stock in the bank and Deutsche’s biggest slashes its stake. ... Read full article
Flaws in testing may be real source of Wells Fargo's tech failure; BB&T-SunTrust deal throws talent and deposits up for grabs, threatens banking's middle tier; what JPMorgan Chase's JPM Coin means for Ripple and Swift; and more from this ... Read full article
Barclays, BMO, Citibank, Goldman Sachs and ING contributed to the online student lender, which last year made over $1 billion in loans. ... Read full article
Arjuna Capital is filing shareholder proposals with 11 financial and tech companies to uncover median gender pay gaps, which it said would determine if more women are concentrated in lower-paying jobs. ... Read full article
The moves are aimed at beefing up consumer lending and attracting deposits in markets where Citi has no branch presence. ... Read full article
Citigroup's venture capital arm is investing in technology that provides real-time analysis of millions of consumers' card transactions. ... Read full article
The three large banks banks are joining a number of institutions in agreeing to eliminate fees for Californians who receive benefits via electronic transfer cards. Chase and BofA will also waiving the fees nationwide. ... Read full article
Swift is showing more swagger in its rivalry with Ripple thanks to progress it has made with a multifaceted payments-tracking technology called GPI. ... Read full article
A former audit executive at Citi and Amex, Julie Scammahorn is replacing David Julian, who remains on administrative leave. She will join the bank in April. ... Read full article
Major U.S. banks shaved about $21 billion from their tax bills last year — almost double the IRS’s annual budget — as the industry benefited more than many others from the Republican tax overhaul. ... Read full article
Thanks to big tech companies, the business world is moving to third-party platforms, or online marketplaces where sellers pull buyers' products off digital shelves. A growing number of financial institutions — including BBVA, Citi and community banks ... Read full article
The combination of their convenient branch networks and strong digital offerings makes large, national banks tough to beat in dispensing financial guidance, consumers say. ... Read full article
The leaders of the biggest U.S. banks are likely to be summoned to face questions from the Financial Services Committee, an early sign that the financial industry will endure tougher scrutiny under a Democratic-controlled House. ... Read full article
