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Tag: .bank


Activity, Corporate Banking

TIAA to sell banking unit

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 […]


Capital and Risk, Operational

What to Consider as Regulators Scrutinize Bank-Fintech Partnerships

October 10, 2022

Via: Bank Director

Fintech 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 […]


News

Are Bank Directors Worried Enough About Fair Lending?

September 28, 2022

Via: Bank Director

If 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 […]


Capital and Risk, Liquidity

Gold Prices Gained as US Dollar and Treasury Yields Fell. Will XAU/USD Keep Rising?

December 17, 2021

Via: DailyFX

Gold 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 […]


Channels

Why banks and fintechs need to be strategic with digital transformations

August 10, 2021

Via: FinTech Futures

In 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 […]


Retail Banking

Meet the little bank that’s helping immigrants achieve big American Dreams

March 2, 2018

Via: Market Watch

Wendy 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 […]


Channels

What the Senate’s CFPB Vote Means for You, Your Bank and Your Credit Card

October 25, 2017

Via: TheStreet

The 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 […]


Capital and Risk, Operational

Banks need to differentiate through data

July 27, 2017

Via: Finextra

Gerald 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 […]


Retail Banking

9 Signs Your Bank Is Your Soulmate

February 9, 2017

Via: GOBankingRates

TD 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 […]


Regulations

Trump Candidate for Top Regulatory Post Eyes Big Bank Breakup

December 9, 2016

Via: TheStreet

Tom 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

Morgan Stanley enters German securities market

February 15, 2016

Via: Market Watch

Morgan 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 […]


Capital and Risk, Operational

Fining Bankers, Not Shareholders, for Banks Misconduct

February 8, 2016

Via: The New York Times

Ho-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 […]


Regulations

What do the Fed’s bank stress tests mean?

February 1, 2016

Via: CNBC

Over 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 […]


Uncategorized

JPMorgan to bankers: Take it easy on weekends!

January 22, 2016

Via: CNBC

Unless, 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 […]


Activity, Corporate Banking

Why banks are ditching ‘.com’ for bank

December 17, 2015

Via: CNBC

European 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 […]