Goldman Sachs and Wells Fargo are gearing up to go after the credit card lending industry as it seeks to access some of the $183 billion in fees and interest that comes along with credit card lending. Get the Full Story Complete the form to...
Wells Fargo announced Monday (May 7) that it has launched a new marketing campaign, dubbed “Re-Established,” which focuses on its commitment to rebuilding stakeholder trust following its fake account scandal. In a press release, Wells Fargo said the campaign, which launched Sunday (May 6) will demonstrate...
Insurance giant Nationwide has announced it is leaving the retail banking business. 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...
Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. 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...
New data shows that more Americans are holding money in their checking accounts, a sign that they don’t feel as secure as they would like about the economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Wells Fargo’s investment bank unit is in hiring mode, reportedly gearing up to hire hundreds of new employees — including around twenty managing directors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With Congress ready to pass the first rewrite of the Dodd-Frank Act, U.S. banks are looking to revise or eliminate more than a dozen other lesser-known rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A New York senator has proposed legislation that would make retail banking services available at all 30,000 U.S. Postal Service locations nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
There is a world of amazing things that ATMs could do in the world of financial services around the globe - but that they largely don’t do. It’s not that the tech is lacking - or even that the interest isn’t there - but the...
