Swedbank announced that it has suspended the CEO and CFO of its Estonian branch after an investigation into compliance with money-laundering rules at the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Deutsche Bank has announced that as part of a complete overhaul of its trading operations it’s creating a non-core asset unit, or “bad bank,” to house tens of billions of euros in assets, according to a report by the Financial Times. Get the Full Story...
After financial startup Loot reportedly went into administration in May, Loot Founder Ollie Purdue is reportedly becoming a part of a digital bank being developed by RBS-owned Natwest called Bó. Purdue is said to lead product development for the brand and become chief product officer,...
Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. 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...
Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Digital bank Monzo, based in the United Kingdom, is crossing the pond. 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...
To help reimagine the traditional banking experience, digital banking and payments processing technology and infrastructure provider i2c is teaming with Zero. As a financial technology company, Zero lets consumers experience the things they enjoy about debit cards while using a credit card, i2c said in...
BB&T and SunTrust have settled on a name for their combined bank: Truist. Truist will be the sixth-largest U.S. bank holding company, serving more than 10 million households in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Goldman Sachs CEO David Solomon said the firm’s digital Marcus business “getting absolutely no credit from anybody else in the investing community,” according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
