A public-private coalition, including Citigroup and disability advocates, is testing financial literacy strategies in New York City that they hope will be used nationwide to improve the financial lives of Americans with disabilities. ... Read full article
The Pew Charitable Trusts has released a set of 10 standards for banks and credit unions that want to to offer small loans to subprime customers. Among its ideas: keep monthly payments at or below 5% of the borrower’s paycheck and make loans available ... Read full article
The British banking giant has been testing its new online lending platform with a handful of its U.S. customers and plans to roll it out in full force next year. It's all part of a broader effort to expand its U.S. consumer business beyond credit ... Read full article
Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition ... Read full article
The Trump administration is considering nominating Jelena McWilliams, Fifth Third Bancorp's top lawyer, to lead the Federal Deposit Insurance Corp., people familiar with the matter said. ... Read full article
Higher dividends and more aggressive repurchase programs are bound to attract more investors, which could boost stock prices and prompt more dealmaking, analysts said. ... Read full article
The following are some of the noteworthy things we heard at American Banker’s Digital Banking 2017 conference held earlier this month in Austin, Texas. ... Read full article
With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year ... Read full article
Banks have warmed up to digital wealth management tools but will need to use their human advisers, too, to beat fintechs. ... Read full article
The San Antonio company named Chad Borton, previously head consumer banking at Fifth Third Bancorp in Cincinnati, for the role. Fifth Third has named Philip McHugh as his successor. ... Read full article
Financial institutions of all sizes are overhauling benefits policies and promoting work-life balance to better compete for millennial recruits with the hipper tech sector. The big changes include longer periods of paid time off for new parents. ... Read full article
Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other. ... Read full article
