Regional banks are spending heavily on tech. Is it enough?
Are midsize banks in position to disrupt, or are they investing billions in technology because they can’t afford not to? ... Read full article
Are midsize banks in position to disrupt, or are they investing billions in technology because they can’t afford not to? ... Read full article
Christopher Kay will oversee the Buffalo, N.Y., bank's branch and ATM networks as well as development of products and services that seek to mimic the cutting-edge offerings of other industries. ... Read full article
The past month was a busy one for community banks with expansion on the agenda and millions to spend. ... Read full article
Readers respond to the burgeoning debate over brokered deposits, consider the Democratic presidential hopefuls for 2020, weigh the Consumer Financial Protection Bureau's latest regulatory efforts and more. ... Read full article
Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country. ... Read full article
As the FDIC considers reforms to its brokered deposit rules, the agency should recall the problems these funds caused in the lead up to the S&L crisis, argues former Chairman William Isaac. ... Read full article
Banking industry groups said they were vindicated by the defeat of the ballot measure, but public banking advocates plan to keep pushing the idea. ... Read full article
JPMorgan Chase and Wells Fargo detailed aggressive marketing plans, defended their credit judgments and downplayed the threat of a retailer revolt over high fees on rewards cards. ... Read full article
The decision by Citigroup’s board to name an independent director as its next chairman — and not elevate CEO Michael Corbat to the post — is seen as good governance, but it’s also a sign that the company’s recovery from the financial crisis remains a work ... Read full article
After the retail giant filed an $800 million lawsuit against its former credit card partner, shares in Synchrony plunged. Now analysts fear its relationship with Sam’s Club may be in jeopardy. ... Read full article
The federal government is reviving a push to beef up consumer rights when dealing with major banks. ... Read full article
The suit is tied to Walmart's decision to shift its credit card business to Capital One. ... Read full article
Here are some strategies to improve the retention of women across the industry, says one former bank executive. ... Read full article
Koebler, the bank's head of consumer lending, will replace Jerome Lienhard, who is retiring. ... Read full article
Sales goals aren’t simply a number to hit, they’re a measure of customer satisfaction and should be treated accordingly. ... Read full article
One of the country’s 50 largest banks hires a female CEO, making JPMorgan Chase’s Kelly Coffey only the third woman in that exclusive club. Bank of America’s Michelle Moore exits the workforce. And sexual harassment prompts a walkout at Google. ... Read full article
The high-profile Michelle Moore will step down at year-end, to be replaced by David Tyrie. More synergy between digital operations and consumer products, while maintaining financial discipline, seems to be an important priority. ... Read full article
Margaret Keane discussed Synchrony's investments in technology, including how the card issuer plans to use customer data to help retailers create targeted ads, during an appearance Tuesday in New York, ... Read full article
SigFig is partnering with Citizens Bank to launch an advice platform in its effort to become a direct competitor to legacy core systems providers. ... Read full article
Before the rule was issued, banks and money transfer companies acknowledged that better disclosures and other steps were necessary in light of higher costs for international money transfers. ... Read full article