Banking

Banking
Citigroup CEO: US Businesses Delay Investments, Hiring Amid ‘Limbo’ of Tariff Uncertainty
May 05, 2025

Citigroup CEO Jane Fraser said Monday that most of the Wall Street bank’s business clients believe they can cope with U.S. tariffs of up to 10% on foreign countries, including China, but that levies any higher would make things difficult. Get the Full Story Complete...

Banking
Santander Sells Bulk of Polish Banking Business for $7.9 Billion
May 05, 2025

Santander is selling a majority of its Polish business to Austrian bank Erste Group. 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...

Banking
California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks
May 05, 2025

FinTech sponsor banks have had a difficult 18 months. 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 completing this form,...

Banking
Square Updates Banking Offering to Bolster Business Cash Management
April 30, 2025

Square has debuted banking tools designed to help sellers gain instant access to their funds. 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...

Banking
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
April 25, 2025

How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High Interest Rates,” surveyed 2,364 U.S. consumers and analyzed additional economic data to explore the financial standing and sentiment amid inflationary...

Banking
Report: Trump Seeks Reintroduction of Cannabis Banking Bill
April 24, 2025

President Donald Trump is reportedly advocating behind the scenes for a cannabis banking bill like those that have stalled in the Senate in the past. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
April 22, 2025

With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an expanded consumer card and digital banking footprint in what the latter’s CEO, Richard Fairbank, said will create “something really special.”...

Banking
From Trading to Saving, Financial Platforms Eye Banking and Neobanks Branch Out
April 18, 2025

The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front door to a continuum of financial activities. Get the Full Story Complete the form to...

Banking
Earnings Roundup Finds Resilient Consumer Spend and Solid Credit
April 18, 2025

The four financial services companies that reported results Thursday (April 18) — KeyCorp, Truist, American Express and Fifth Third Bancorp — faced investors against a backdrop of fresh tariff headlines, stubborn inflation and a rate path that is anything but clear. Get the Full Story Complete...