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’s Net Charge-Off Rate on Consumer Loans Stands at 7%

Goldman’s Net Charge-Off Rate on Consumer Loans Stands at 7%
Goldman’s Net Charge-Off Rate on Consumer Loans Stands at 7%
January 16, 2024  |  Earnings

For Goldman Sachs, the narrowing of focus continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
January 15, 2024  |  Banking

Deutsche Bank has reportedly resumed merger discussions with fellow German financial institution Commerzbank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Big Banks: Commercial Lending Losses Creep Up, Deposits Decline Slightly
Big Banks: Commercial Lending Losses Creep Up, Deposits Decline Slightly
January 15, 2024  |  Banking

The initial headlines and initial takes on big bank earnings may have focused on the state of the consumer, on card spending, especially. Get the...

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Basel Chair: AI Regulation Should Be Coordinated Global Effort
Basel Chair: AI Regulation Should Be Coordinated Global Effort
January 15, 2024  |  artificial intelligence

The head of the world’s banking watchdog is calling for greater oversight of artificial intelligence. Get the Full Story Complete the form to unlock this...

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EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
January 15, 2024  |  Consumer Insights

Globally, the increasing reliance on apps and connected devices has led to growing consumer demand for an everyday app that seamlessly integrates banking, shopping and...

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Goldman Sachs Doubles Down on Efforts to Attract Super-Rich
Goldman Sachs Doubles Down on Efforts to Attract Super-Rich
January 14, 2024  |  Banking

Goldman Sachs is reportedly increasing its efforts to court ultra-rich clientele. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Citi Reports $1.8 Billion Net Loss Partly From FDIC Bank Failure Assessment
Citi Reports $1.8 Billion Net Loss Partly From FDIC Bank Failure Assessment
January 12, 2024  |  Earnings

Citigroup reported a net loss of $1.8 billion for the fourth quarter, attributing that in part to several “notable items.” Get the Full Story Complete...

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Wells Fargo Sees Credit Card Spending Up 15% for Q4
Wells Fargo Sees Credit Card Spending Up 15% for Q4
January 12, 2024  |  Earnings

Wells Fargo benefited from a strong economic environment and higher interest rates in 2023. Get the Full Story Complete the form to unlock this article...

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Bank of America: Zelle Volumes Surge 25% Year Over Year
Bank of America: Zelle Volumes Surge 25% Year Over Year
January 12, 2024  |  Earnings

Bank of America’s digital evolution continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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