Banking

Banking
‘Goliath’ JPMorgan Has 18% of All US Banking Revenue, Report Says
December 27, 2023

JPMorgan Chase is ending 2023 as the leading figure in the U.S. banking sector. 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....

Banking
Banks Slash 60K Jobs as Dealmaking and IPOs Decline
December 26, 2023

The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. 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
Goldman Sachs Looks to Double Size of Private Credit Unit
December 11, 2023

Goldman Sachs is reportedly aiming to double the size of its $110 billion private credit 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,...

Banking
JPMorgan’s First Republic Makeover Bucks Branch Closure Trend
December 11, 2023

JPMorgan is reportedly overhauling branches acquired in the collapse of First Republic Bank. 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
Banxico Says Mexico’s Financial System Remains Resilient
December 06, 2023

Mexico’s central bank has found that the country’s financial system remains resilient and stable despite the challenges posed by the complex global economic landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion
December 05, 2023

Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. 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....

Banking
TD Bank to Cut 3% of Workforce
November 30, 2023

Toronto-Dominion Bank, Canada’s second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce. 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...

Banking
FDIC Reports Banks Remain Resilient as Net Income Stays High
November 29, 2023

The aggregate net income for the 4,614 Federal Deposit Insurance Corporation (FDIC)-insured institutions during the third quarter was $68.4 billion, representing a 3.4% decrease from the previous quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
25% of Consumers Want Quick Access to Credit Funds
November 29, 2023

In addition to interest rates and terms, many consumers value the speed with which money becomes available after they apply for a credit product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...