Six ways Goldman Sachs' online lender, Marcus, strives for an edge
No fees, no automated voice response and lots of direct mail are among the investment bank’s tactics for its consumer fintech venture. ... Read full article
No fees, no automated voice response and lots of direct mail are among the investment bank’s tactics for its consumer fintech venture. ... Read full article
Traditional banks may need to think twice about putting off higher rates on CDs and other deposit products. That’s because freer-spending online banks are adding deposits faster than they are, and more Fed rate hikes are expected to fuel that trend. ... Read full article
In a sharply worded message to staff, Lloyd Blankfein, Goldman Sachs' longtime head, broke with the Trump administration over its controversial attempt to crack down on immigration. ... Read full article
After initially declining this weekend to weigh in on President Trump’s travel ban regarding refugees and others traveling from seven nations, Citigroup said Monday that it is worried about the order’s impact on its employees and customers. ... Read full article
JPM snatches $1 trillion custodian business from long-time holder State Street; Harvard will lay off half of the employees managing its $35.7 billion endowment. ... Read full article
As expected, Cecere succeeds Davis at regional bank; OneWest is expected to get most of focus at Treasury nominee's confirmation hearing, but First Federal acquisition also raises questions. ... Read full article
Big banks report; Why Goldman is different ... Read full article
This posting's title, with apologies to Carly Simon who wrote and sung Billboard's 72nd most popular song ever, is appropriate if any of us think that the Mortgage Modi ... Read full article
The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation ... Read full article
The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation ... Read full article
Now that all of the drama of the Goldman Sachs vs Congress (actually Sen. Carl Levin) is over, what did it all mean. More importantly, WHO CARES? (well, I actually do but it's my job to care). ... Read full article
This posting's title, with apologies to Carly Simon who wrote and sung Billboard's 72nd most popular song ever, is appropriate if any of us think that the Mortgage Modi ... Read full article
A few weeks ago, the Senate interrogated the guys from Goldman Sachs, a Wall Street so-called "Investment Bank" The argument was about regulating Synthetic Derivatives. HUH? ... Read full article