Discover’s revenue jumps, but so do charge-offs and delinquencies

01/25/19

Delinquencies, which are on the rise across financial services, clouded an otherwise solid quarter for Discover Financial Services.

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'The distorted lens of one's ideology': Comments of the week

01/25/19

Readers weigh in on the Consumer Financial Protection Bureau's payday rule, consider the gender wage gap in banking, debate restrictions to membership at the Federal Home Loan banks and more.

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Meeks of N.Y. to chair House financial institutions subcommittee

01/24/19

The Financial Services Committee also announced the head of a newly created subcommittee on diversity and inclusion.

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Shutdown threatens Midwest job growth, Huntington CEO warns

01/24/19

With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says.

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Is customer information safer with a blockchain database?

01/24/19

Spring Labs is spearheading a group of prominent fintech lenders to use a blockchain-based, peer-to-peer network to share consumer information to help with ID verification on loan applications.

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BoE's Carney says jail for bankers a bluff, hitting pay is best weapon

01/24/19

Bank of England Governor Mark Carney said threats of jail for bankers are just a bluff and the real weapon to improve behavior is hitting pay packets.

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Four victims of SunTrust shooting were bank employees

01/24/19

Police in Sebring, Fla., have yet to determine a motive for the attack in which four SunTrust workers and one customer were killed. The shooter, Zephen Allen Xaver, has been arraigned on five counts of first-degree murder.

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Banks didn't cause the shutdown — why are they on the defensive?

01/24/19

The question of what banks are doing to aid government workers shows how the industry is still struggling to rebuild its image following the crisis.

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Wells Fargo hires outsider to run Western branches after scandal

01/24/19

Wells Fargo named Steve Troutner head of the community bank's U.S. Western region, one of the unit's most senior outside hires since a scandal over bogus accounts erupted more than two years ago.

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U.S. bank CEOs see Fed staying the course after market chaos

01/24/19

Leaders of the biggest U.S. banks don’t see 2018’s wild ending as reason enough for the Federal Reserve to reverse course.

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