How a veteran JPMorgan Chase exec joined SigFig

07/13/18

The digital advice startup had no one with knowledge of branch banking. A board member told them to call Mike Reed, JPM's former retail branch chief.

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Trading results, card revenue, trade war raise questions at Citi

07/13/18

Citigroup's traders underperformed their peers at JPMorgan, and Citi's U.S.-branded card revenue fell. Its global business performed well, but the looming trade war presents uncertainty.

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PNC plans Boston, Phoenix middle-market expansion in 2019

07/13/18

PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments.

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Wells Fargo mortgage fees drop by a third as interest rates rise

07/13/18

Mortgage fees at the nation’s biggest home lender declined by a third in the three months ended June 30 to the lowest in more than five years.

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Walmart may shift to CapOne; banks unhappy with Brexit

07/13/18

The change in store card branding would be a big blow to Synchrony; “equivalence” with EU rules “falls far short” of U.S. banks’ hopes.

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JPMorgan’s strong loan growth signals life left in Trump bump

07/13/18

JPMorgan Chase & Co. said its book of core loans expanded 7% in the second quarter and trading revenue jumped 13%.

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'Sounds like something I saw in the late 80s': Comments of the week

07/12/18

Readers weigh in on Mulvaney's plans to shake up the CFPB, respond to banks chasing hot tech trends, applaud fintech-bank partnerships and more.

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Umpqua names leadership for innovation unit

07/12/18

It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures.

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A chance for consumers to 'know what the credit bureaus know'

07/12/18

Senators at a hearing Thursday discussed a bill establishing an online portal for consumers to monitor their credit reports free of cost.

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ABA will air TV ads for two more lawmakers seeking re-election

07/12/18

The American Bankers Association will run advertisements in support of Reps. French Hill and Bruce Poliquin, who are incumbents this November. The group has now endorsed three Republicans and a Democrat.

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