Goldman Sachs is moving its Marcus business line into its wealth-management unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Bank OZK, the Arkansas lender, saw its stocks plunge late last week after it took a more than $45 million write-down on two commercial real estate loans, stoking fears that small banks in the U.S. are taking on too much commercial real estate loan risk....
Amid a U.S. investigation into money laundering at Danske Bank’s Estonia branch, shares of the bank have reached the lowest level in four years on Friday (October 5). Danske stocks were trading at 149 crowns as of 14:57 G.M.T., and the bank is trying to comfort...
To settle claims that it broke Iranian sanctions, Cuban Assets Control Regulations and Weapons of Mass Destruction bank regulations, JPMorgan Chase has agreed to a $5.3 million fines payment. The U.S. Treasury noted that the violations were voluntarily disclosed by the bank and were a “non-egregious...
TD Ameritrade’s new research report, “The Tech Effect: How the Digital Age is Changing Investing,” surveyed 1,000 U.S. investors between the ages of 18 and 70 with over $10,000 in investable assets. Get the Full Story Complete the form to unlock this article and enjoy...
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 across the pond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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 physical storefronts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
FIs have their work cut out for them when it comes to giving consumers what they want. After all, ours is an age dominated by services on demand, personalization by bots and Alexa and any number of innovations that ease commerce done 24/7. Get the...
A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
