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Retail Banking

05/09/2024

Fitch downgrades New York Community Bancorp to 'BB' on near-term earnings pressure

The lender had said it expected annual loss to be between 50 cents and 55 cents in 2024

05/08/2024

TD Auto Finance Canada Thanks Customers and Colleagues After Achieving its Seventh Consecutive J.D. Power Award

Ranked #1 in Dealer Satisfaction among Non-Captive Lenders with Prime and Non-Prime Retail Credit

05/08/2024

8 Major Banks Closing 34 Bank Branches In New York

Generally, the bank is required to notify customers of the branch closing by mailing notices at least 90 days before the closing date of the branch

05/07/2024

Bank of America to pay more than $100M for opening accounts without consent, doubling fees

The Office of the Comptroller of the Currency found the bank’s double-dipping on fees was illegal.

05/01/2024

Citi CEO Says US Consumers Are More Cautious, Emphasizes Bank Overhaul

U.S. borrowers earning lower incomes are increasingly struggling to keep up with loan payments, prompting banks to become more cautious about issuing credit cards and car loans.

04/30/2024

TD and the Blue Jays™ team up to offer eligible TD Credit Cardholders exclusive perks at 2024 regular season home games

Eligible TD Credit Cardholders get 10% back as a statement credit on eligible concessions and exclusive ballpark entry through Priority Line Access at gate 6A

04/29/2024

Forbes names 1st Source Bank, Wintrust and First Financial Bank among America's best

It's a list of America's top 100 banks based on financial metrics like growth, profitability and credit quality.

04/29/2024

Banks Pay Savers More to Stay Amid Steep Interest Rates

Among the lenders in question is Wells Fargo

04/24/2024

NYCB faces tough choices on CRE loans, balance sheet diversification

NYCB's future depends on the new management offloading some CRE loans and diversifying its balance sheet

04/23/2024

PPRO expands local payments offering to the US

This follows PPRO’s previous successful geographic expansion into the APAC region and LatAm.

04/23/2024

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

One’s expanding role at Walmart raises the possibility that the company could force Affirm, Capital One and other third parties out of some of the most coveted partnerships in American retail.

04/22/2024

Dimon meets with development bank leaders seeking private money

The World Bank and other development lenders are striving to retain relevance

04/10/2024

Santander brings Openbank digital brand to US

The bank has also laid off around 330 staff as part of its evolution in the states

03/19/2024

Thredd enters US debit and credit card issuing market

This strategic move underscores Thredd’s commitment to support its clients’ expansion plans in key global markets.

03/14/2024

Regions Bank employs new technology, personal approach at new Hixson branch

Instead of traditional bank tellers handing some transactions and loan officers processing other banking needs, branch employees handle a range of duties at each of the new pods within the branch.

03/04/2024

Wells Fargo slowly starts to shed the problems of its past

It received a big boost last month when regulators with the Office of the Comptroller of the Currency lifted a consent order tied to a 2016 fake accounts scandal.

03/01/2024

Experian consumer credit reports to include Apple Pay Later information

They argue this will lead to lenders being able to make more informed decisions on whether to extend credit offers.

02/23/2024

U.S. Bank Adds New Division to Serve Private Capital Asset Managers

Stephen Jeselson to lead new team, which will serve more than 200 existing private capital clients

02/13/2024

Real estate pain for US regional banks is piling up, say investors

Fears about the health of the smaller banks have escalated again a year after the collapse of Silicon Valley Bank in spring of 2023 triggered a regional banking crisis.

02/07/2024

JPMorgan Chase to open 500 new branches

While many banks have been cutting their networks as customers go digital

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