Citi in laggard's role; EU bank CEOs have less skin in the game

07/29/19

Citigroup's made some strides after the battering its share price took last year, but it still trails JPMorgan Chase and Bank of America; chiefs at the top U.S. global banks own on average more than 15 times the amount of their own firm's stock than their European counterparts.

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Women pay 18% more in banking fees than men, research finds

07/29/19

Overdraft fees make up the lion's share of the $214 women pay in banking fees each year, according to a survey by the investing app Stash.

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Santander, HSBC and Cross River Bank: Bankers on the move

07/28/19

During a slow summer, a handful of banks managed to hire away multiple executives from competitors and introduce new leadership.

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6 questions on the CFPB plan to end Fannie and Freddie’s ‘patch’

07/28/19

The mortgage industry was caught off guard by regulators’ decision to cease special treatment for Fannie Mae and Freddie Mac in complying with underwriting rules. But how big of an impact will the new policy have?

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ABA voices 'serious concerns' about e-commerce firm's ILC bid

07/26/19

The industry trade group said Rakuten's non-financial activities raise questions about its pursuit of a banking charter.

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Truist clears hurdle, new Santander CEO, fintechs' retirement fix: Top stories of the week

07/26/19

House lawmakers go light on BB&T-SunTrust merger; Santander Bank names longtime MUFG Union executive its CEO; the fintechs trying to solve America's retirement problem; and more from this week's most-read stories.

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Ameriprise predicts bank launch will spur more growth

07/26/19

Thanks to its newly launched bank, Ameriprise's 10,000 financial advisers will soon start offering direct services like deposits and mortgages.

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Fiserv-First Data deal set to close

07/26/19

Fiserv expects its $22 billion purchase of First Data Corp. to close on Monday after clearing regulatory requirements.

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Top data-sharing groups close in on a single standard

07/26/19

OFX is used by 7,000 banks while FDX is used by 2 million consumers. The two standards are converging.

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Berkshire Hathaway's BofA stake climbs above 10% amid bank's buybacks

07/26/19

The conglomerate run by Warren Buffett has tried in the past to keep its holdings below the 10% threshold in order to avoid heightened regulatory scrutiny.

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