Consumer banking

Wells Fargo's critics unappeased as four directors to leave

03/02/18

California State Treasurer John Chiang, who’s on the boards of the state’s biggest pension funds, was among those who said the changes weren't enough. Chiang also called for CEO Tim Sloan to step down.

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To get ahead in banking, ignore the competition

03/01/18

Given the rapid pace of change across the industry, it’s wise for banks to focus on improving customer service rather than chasing the strategies of their rivals.

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Not dead yet: Branches remain crucial to banks' growth plans

02/28/18

Sure, banks are closing more branches than they are opening, but many still view them as important channels for selling products, dispensing advice and gathering deposits. Here's a look at banks large and small that are opening branches (or, in Capital One's case, cafes) in new markets.

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Will JPMorgan’s splashy tech investment pay off?

02/27/18

The bank will spend an additional $1.4 billion on technology in 2018 to gain share and boost efficiency, executives said Tuesday. But they were peppered with questions about whether the big investment will yield a big financial return down the road.

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B of A is latest big bank to announce aggressive branch expansion

02/26/18

The Charlotte, N.C., company will open 500 new branches and hire 5,400 employees as it continues to expand in midsize cities across the country.

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Banks fall short in providing financial advice consumers want: Survey

02/26/18

One problem is that banks are shifting to online and mobile channels for delivering advice, which is inferior to in-person communications, according to a recent survey conducted by J.D. Power.

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Is this the future of cross-selling?

02/26/18

The digital-only Ally Bank has taken several steps to deepen customer relationships through electronic channels, including use of personalized emails and websites that have yielded strong click-through and loyalty rates.

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BB&T fixes ATMs hit by tech glitch, but online banking still down

02/23/18

The North Carolina bank is the latest regional to experience a widespread outage.

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Citi to refund $335 million after finding card APRs too high

02/23/18

Citigroup Inc., one of the world’s largest credit card issuers, said it will refund $335 million to U.S. customers whose annual percentage rate should have been lower.

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First National of Omaha to drop NRA card partnership

02/22/18

Facing pressure to act on gun control laws, the Omaha bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card."

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