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...
Last month, Deutsche Bank AG mistakenly sent €28 billion ($35 billion) to an exchange. 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...
Marcus, the consumer lending unit of Goldman Sachs, has issued $3 billion in new consumer loans since launching in October of 2016 through the first quarter of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Barclays, gearing up to drive more innovation, and thus profit, in its U.K. business is creating a venture capital-type 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....
