banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. Get the Full Story Complete the...

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First Citizens Offers Instant Payments via RTP Network
First Citizens Offers Instant Payments via RTP Network
September 10, 2024  |  Faster Payments

First Citizens Bank now lets customers receive instant payments via the RTP network. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: Goldman Sachs Struggles as It Tries to Exit GM Card
Report: Goldman Sachs Struggles as It Tries to Exit GM Card
September 10, 2024  |  Credit Cards

Goldman Sachs this week reported losses related to its Main Street lending business. Get the Full Story Complete the form to unlock this article and...

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Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
September 10, 2024  |  Loans

Regulators have scaled back capital requirements for banks, reducing the holdings that must be on the books to buffer against economic and other shocks. Get...

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NCR Voyix: Fraud Is ‘Massive And Ever-Present’ Concern
NCR Voyix: Fraud Is ‘Massive And Ever-Present’ Concern
September 10, 2024  |  Opinion

While regulatory changes can present challenges, they can also create opportunities, NCR Voyix Chief Product Officer, Digital Banking Doug Brown writes in a new PYMNTS...

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Lloyds Calls for Swift End to British Car Loan Investigation
Lloyds Calls for Swift End to British Car Loan Investigation
September 09, 2024  |  Regulation

A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Get the Full Story Complete the form to unlock this...

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HSBC Reportedly Considers Commercial-Investment Bank Merger
HSBC Reportedly Considers Commercial-Investment Bank Merger
September 09, 2024  |  Banking

Banking giant HSBC is reportedly considering a merger of its commercial and investment bank operations. Get the Full Story Complete the form to unlock this...

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Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
September 09, 2024  |  Banking

The Bank of London reportedly said Monday (Sept. 9) that it paid all its taxes after internal miscommunication caused a delay. Get the Full Story...

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FDIC Sees Non-Depository Financial Institution Loans Surge, Hinting at New Risks
FDIC Sees Non-Depository Financial Institution Loans Surge, Hinting at New Risks
September 09, 2024  |  Loans

The Federal Deposit Insurance Corp.’s latest quarterly banking industry report hints at where risks lie if additional pressures come to bear on financial services firms...

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