October 10, 2023
Via: Bank DirectorWe recently asked bankers in our “State of Commercial Banking Midyear Update” presentation what was top of mind for the remainder of 2023. The answer was clear: 80% of the respondents selected deposit growth and retention. As interest rates have […]
December 29, 2022
Via: American BankerFears are simmering that inflation (and aggressive interest rate hikes to fight it) could push the economy into recession in 2023. Historically, the combination has indeed caused economic turbulence. The Federal Reserve this year lifted rates multiple times. Collectively, they […]
November 4, 2022
Via: Banking Dive“As we refocus on retirement, we have decided now is the appropriate time for TIAA Bank to begin a new chapter under new ownership,” David Nason, TIAA’s chief operating officer said in a statement. “The changes we’re announcing are in […]
October 10, 2022
Via: Bank DirectorFintech partnerships, specifically banking as service arrangements, are changing the risk profile at community banks and require heightened risk management from executives and the board. Banking as a service has evolved from the niche domain of certain community banks to […]
September 28, 2022
Via: Bank DirectorIf your bank has not modernized its fairness practices, the old ways of doing fair lending compliance may no longer keep you safe. Here are three factors that make this moment in time uniquely risky for lenders when it comes […]
December 17, 2021
Via: DailyFXGold prices closed above a 3-week high on Thursday. The anti-fiat yellow metal continued to gain ground in the aftermath of this week’s Federal Reserve monetary policy announcement. There, the central bank doubled the pace of tapering asset purchases, opening […]
August 10, 2021
Via: FinTech FuturesIn fact, IDC forecasts $6.8 trillion will be spent globally on DX by 2023, with 65% of the world’s GDP being digitalised by 2022. There are many reasons why DX shortfalls occur, painful lessons many in fintech know all too […]
March 2, 2018
Via: Market WatchWendy and David Alphonso had an all-too-familiar experience when they decided to become homeowners: The longtime Brooklyn residents couldn’t afford to buy in their own community. And the Alphonsos weren’t really sure where to start to get advice on a […]
October 25, 2017
Via: TheStreetThe U.S. Senate voted 51-50 to repeal a banking rule that allowed consumers to sure their bank or credit card company. The tie-breaking vote was cast by Vice President Mike Pence. What does the Senate’s vote mean for you, your […]
July 27, 2017
Via: FinextraGerald Grattoni, Head of EMEA Financial Services Solutions, Intel, and Andy Hirst, VP, Banking Solutions, SAP, talk at the SAP Financial Services Forum about the drivers for banks and insurers to exploit data and analytics, how cheap storage and real-time […]
February 9, 2017
Via: GOBankingRatesTD Bank’s 2016 Love and Money survey showed that relationships are undeniably tied to finances. That fact remains true when it comes to your relationship with your bank. And, you deserve to be matched up with one of the best […]
December 9, 2016
Via: TheStreetTom Hoenig, a potential Trump candidate for a key banking regulation job, said Monday he supports reinstating a law that would effectively break up the largest financial institutions by separating their investment and commercial divisions. Hoenig, currently vice chairman at the Federal Deposit Insurance Corp., told […]
Activity, Corporate Banking, Retail Banking
February 15, 2016
Via: Market WatchMorgan Stanley has entered into a strategic partnership with one of the country’s largest online brokers to sell exchange traded products as it attempts to tap into the slowly rebounding securities market in Europe’s largest economy. The U.S. bank is […]
February 8, 2016
Via: The New York TimesHo-hum, another week, another multimillion-dollar settlement between regulators and a behemoth bank acting badly. The most recent version involves two such financial institutions, Barclaysand Credit Suisse. They agreed last Sunday to pay $154.3 million after regulators contended that their stock […]
February 1, 2016
Via: CNBCOver the next two months, the soundness of major American banks will be tested for their ability to cope with scenarios of severely deteriorating domestic and international economic conditions. The Fed will then have until late June to evaluate and […]
January 22, 2016
Via: CNBCUnless, of course, there is a big deal in the works. In a business where multi-million dollar bonuses are at stake, 100-hour work weeks are not unusual. But the issue of work-life balance has intensified in recent years following the […]
December 17, 2015
Via: CNBCEuropean banks have rushed to acquire the more secure domain name “.bank”, after more than 4,000 registrations were made in the U.S. for the web address. So far, over 500 European financial institutions have signed up to have this special […]