consumer banking

JPMorgan Reports Growth In Card Spend, Mobile Users
JPMorgan Reports Growth In Card Spend, Mobile Users
October 12, 2018  |  Earnings

JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction in consumer spending,...

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Citigroup Beats Earnings Expectations, But Misses On Revenue
Citigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018  |  Earnings

It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. According...

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Goldman Tightens Marcus Lending Reins
Goldman Tightens Marcus Lending Reins
October 08, 2018  |  Loans

Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data....

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Through Marcus, Goldman Taps UK Retail Banking/Savings Market
Through Marcus, Goldman Taps UK Retail Banking/Savings Market
September 26, 2018  |  Banking

Goldman Sachs Group has launched its consumer bank, Marcus, in the United Kingdom, the latest salvo of the company’s push into retail banking, this time...

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Fiserv Buys Elan’s Debit, ATM Business For $690M
Fiserv Buys Elan’s Debit, ATM Business For $690M
September 25, 2018  |  Partnerships / Acquisitions

Fiserv, the global provider of financial services technology solutions, announced on Tuesday (Sept. 25) that it has agreed to acquire the debit card processing, ATM...

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JPMorgan Bucks The Trend, To Open 50 New Branches In Philadelphia
JPMorgan Bucks The Trend, To Open 50 New Branches In Philadelphia
September 24, 2018  |  Banking

U.S. banks may be shuttering branches in an effort to cut costs, but JPMorgan Chase is employing a different strategy, aiming to open up more...

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Wells CEO Says He’s In For The Next Decade
Wells CEO Says He’s In For The Next Decade
September 24, 2018  |  Personnel

Wells Fargo Chief Executive Tim Sloan told Bloomberg late last week that he plans to stay on at the company for the next decade. According...

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Wells’ Plan To Compensate Auto Insurance Holders Rejected
Wells’ Plan To Compensate Auto Insurance Holders Rejected
September 12, 2018  |  Regulation

Wells Fargo has seen U.S. regulators turn down its plan to pay back customers who purchased auto insurance they didn’t need. Reuters, citing three sources...

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US Bank Launches Loan To Compete With Payday Lenders
US Bank Launches Loan To Compete With Payday Lenders
September 11, 2018  |  Alternative Finances

U.S. Bank is entering the small-dollar lending arena. Going forward, U.S. Bank depositors will be able to tap into an online, digital lending product aimed...

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