Lenders, Credit Karma make a deal; Goldman goes further down Main Street
Consumer finance portal will be able to tell customers which loans they’ll qualify for; Marcus unit will soon offer investment services. ... Read full article
Consumer finance portal will be able to tell customers which loans they’ll qualify for; Marcus unit will soon offer investment services. ... Read full article
On paper, conditions would seem favorable for regional banks to pursue acquisitions in order to overcome organic growth challenges. But executives have poured cold water on that idea in recent days. ... Read full article
Commercial and industrial lending rose 8% in the third quarter at the Cleveland bank, but other factors drove its double-digit gain in profits as overall loan growth was modest. ... Read full article
BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings. ... Read full article
The interest-rate moves stoking President Donald Trump’s ire are also fueling Citigroup Inc.’s profits. ... Read full article
The biggest U.S. bank leaned on old-fashioned lending in the third quarter to weather a slump in fixed-income trading. ... Read full article
There’s an opportunity for global banks willing to break down the internal silos that stifle good ideas. ... Read full article
Barbara Byrne, a lifetime achievement Women in Banking award winner, says the pace of adding diversity to bank boards must increase quickly. ... Read full article
For her trailblazing career on Wall Street, Byrne will be honored on Thursday at American Banker’s Most Powerful Women in Banking gala in New York. ... Read full article
Spilkin's education in math and programming, uncommon in investment banking, has allowed her to bring a disruptive approach to problem-solving at Goldman Sachs. ... Read full article
When Stephanie Cohen earned the chief strategy officer’s job at Goldman Sachs in January, she was told she had a blank sheet of paper. Cohen responded by, among other things, launching an internal incubator for new business ideas. ... Read full article
A new Goldman Sachs initiative called "Launch with GS" aims to make venture capital and private equity investments in startups founded by women, says Stephanie Cohen, the company's chief strategy officer. ... Read full article
In our "On Life" series of videos, top banking executives like Goldman Sachs' chief strategy officer, Stephanie Cohen, answer three quick questions about themselves. ... Read full article
The mass retirement of baby boomers and the growing affluence of women are the biggest disruptive forces in the industry, says Gunjan Kedia. Here's how she's dealing with them. ... Read full article
Stephanie Cohen of Goldman Sachs and Gunjan Kedia of U.S. Bancorp are making their debut among the Most Powerful Women in Finance this year. Check out the full list to see all of the women and where they rank. ... Read full article
Citigroup promoted bankers Tyler Dickson and Manolo Falco to run a reconstructed version of its investment banking operations. ... Read full article
Small and midsize banks are most at risk as commercial loan volume fails to ignite; the cutbacks are partly the result of lower origination volume. ... Read full article
BBVA Compass said on Wednesday that it was partnering with the broker-dealer Brean Capital to offer a variety of capital and investment banking services for community banks and correspondent banks. ... Read full article
Hutchinson, Shockey, Erley & Co. in Chicago focuses exclusively on municipal securities. ... Read full article
Bill Davidson, who heads the company's U.S. technology banking team, will oversee the global expansion efforts. ... Read full article