Tag: consumer banking

Activity, Retail Banking

Citi to sell its consumer unit in Bahrain to Ahli United Bank

April 5, 2022

Via: American Banker

Citigroup agreed to sell its consumer banking operations in Bahrain to Ahli United Bank BSC as part of the lender’s continued push to simplify. The transaction includes Citigroup’s retail banking, credit card and unsecured-lending businesses, and excludes the firm’s institutional […]

Activity, Retail Banking

Citi agrees to sell its India retail footprint to Axis Bank for $1.6B

March 30, 2022

Via: Banking Dive

India marks the ninth market from which Citi has solidified its retreat in the past 12 months. The bank laid out a strategy last April to exit from retail operations in 13 markets, concentrating instead on four hubs with higher […]

Activity, Retail Banking

Cambridge Savings Bank launches new digital banking solution

July 21, 2021

Via: FinTech Futures

Founded in 1834, CSB is one of the oldest and largest community banks in the Bay State, and currently holds over $5 billion in assets under management. The firm says Ivy Bank has been created to educate consumers on financial […]

Activity, Retail Banking

Once Stagnated, Banks Are Refreshing Checking Accounts to Compete

July 19, 2021

Via: Bank Director

Once a staid and basic product offering, banks are reinvigorating consumer checking accounts. A number of banks, taking a page from the challenger bank playbook, are adding features to their accounts to please consumers: early access to a direct-deposited paycheck, […]

Activity, Corporate Banking

Goldman Sachs names woman to run major division for the first time in years

September 29, 2020

Via: Market Watch

A woman will run a major division at Goldman Sachs Group Inc. for the first time in years as Chief Executive David Solomon continues to put his mark on the bank. Stephanie Cohen, who has been Goldman’s GS, -1.14% chief […]


Goldman in the running for GM’s credit card business

August 12, 2020

Via: Market Watch

Goldman Sachs Group Inc. is seeking to acquire General Motors Co.’s credit-card business, doubling down on consumer banking and betting on a future where people pay for gas, takeout and groceries from the driver’s seat. The Wall Street firm is […]

Retail Banking

JPMorgan rolls out robo-advisor

July 11, 2019

Via: Finextra

Available on and the Chase mobile app, the service builds portfolios to match individual consumer preferences for risk tolerance, financial goals and time horizon. Portfolios are created using a diverse mix of JPMorgan ETFs and customers are charged an […]

Retail Banking

Goldman Sachs expands push into consumer banking

February 28, 2018

Via: Market Watch

Goldman Sachs Group Inc. GS, -0.11% has come to Main Street. In a glass-walled tower in Utah’s capital, hundreds of Goldman employees are building what amounts to one of the world’s most ambitious consumer-finance startups. Their address, 111 Main St., […]

Retail Banking

Credit History Is a Digital Asset in an Underserved Market

May 31, 2016

Via: Bank Innovation

Adult life in the US is highly dependent on your credit history. Your credit history, which is sourced from 3 credit bureaus and checked against the US overdrawn database; is your Digital Asset! Wake up to this reality! The CFB […]