Consumer banking

Wary of acquisitions, Canadian banks emphasize organic growth in U.S.

05/25/18

Royal Bank of Canada, CIBC and Toronto-Dominion have the capital to do deals, but they would rather use it to build out new business lines or expand into new markets than buy other banks. Here’s why.

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Are women bankers doing enough to elevate each other to the C-suite?

05/23/18

Senior executives from Barclays, Bank of America and other big banks urged women to aim high, take chances on challenging jobs and — perhaps most important — provide support to other high-performing female colleagues instead of viewing them as a threat.

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New chief risk officer named at Santander Holdings

05/22/18

Mahesh Aditya will immediately take over risk management for the U.S. subsidiary of Banco Santander, which is trying to turn the corner after several tough years on the regulatory and financial fronts.

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Banks alarmed by California privacy measure

05/22/18

A first-in-the-nation ballot initiative would give consumers more control over their personal information, but banks and other companies say that it would amount to a tax on doing business in the Golden State.

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Return to sender: Here's what's wrong with postal banking

05/17/18

A bill to allow the USPS to offer financial products would be bad for consumers, taxpayers and the banking industry.

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The real fight over CFPB's payday rule is just beginning

05/16/18

It's too late for Congress to overturn the consumer bureau's regulation on short-term lending, but acting Director Mick Mulvaney will have plenty of chances to reshape it.

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On the shoulders of giants at JPM; lessons to learn at Morgan Stanley

05/14/18

JPMorgan Chase’s Thasunda Duckett is living her ancestors’ wildest dreams; Morgan Stanley could take a lesson from Citi on reining in rainmakers; and Jelena McWilliams faces tough choices at the FDIC. Plus, babysitting gets approved as a new type of campaign expense.

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Citizens to launch online-only bank in bid to boost deposits

05/14/18

The Providence, R.I., company said that Citizens Access will open for business nationwide next quarter.

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Goldman expands consumer push; HSBC’s blockchain first

05/14/18

Marcus unit will start taking deposits in the U.K. next month; the bank uses the technology to complete a trade finance letter of credit for Cargill.

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AI job threat, the undying branch, Mulvaney's politicos: Top stories of the week

05/11/18

Artificial intelligence will reshape the job landscape at banks; people still want to open accounts at a branch; Mick Mulvaney stacks CFPB bench with political appointees; and more from this week's most-read stories.

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