Demographic shifts prompt U.S. Bancorp to rethink wealth management

09/24/18

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.

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Diana Moy: Driving tech transformation at U.S. Bancorp

09/24/18

In five years, Moy has built from scratch a thriving business unit that is focused solely on developing easy-to-use, customer-facing technology for U.S. Bancorp's wealth management clients.

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Dimon: Big business is not the enemy

09/24/18

JPMorgan's chief cautioned against expanded regulation for big companies, arguing that businesses contribute to the economy.

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OCC puts another nail in thrift charter's coffin

09/24/18

A proposal to let certain thrifts operate like national banks blurs the line even further between the two institution types.

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USAA to cut 265 jobs in its real estate and mortgage lending divisions

09/24/18

USAA will be eliminating 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit.

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Credit cards draw regulators’ focus in review of unauthorized accounts

09/24/18

An examination of industry sales tactics conducted after the Wells Fargo scandal found that credit card accounts (not checking or savings) were the largest source of account openings without customer permission.

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JPMorgan to open 50 branches, hire 300 staff in Philadelphia region

09/24/18

It will also invest in mortgage and small-business lending and in neighborhood revitalization efforts there. The moves are part of a nationwide expansion by the largest U.S. bank.

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It’s a mistake to block the OCC’s fintech charter

09/24/18

State regulators are planning to sue the agency over its special-purpose charter, but the charter would be an important step forward for the regulatory system.

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USAA road-testing augmented reality app for car buying

09/24/18

By using the app, which will go live Monday in a pilot program, customers can point their phone at a vehicle and get an augmented reality overlay that provides all its critical info: the make, model and year of the car, as well as its price range and other information.

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Why it will be hard to find new CEOs for Fannie and Freddie

09/24/18

The CEOs of Fannie Mae and Freddie Mac are stepping down because the job they were hired to do — return the GSEs to profitability — is done. But attracting top-flight candidates to lead the mortgage giants into a new phase may not be easy.

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