As earnings season rolls on, key themes from banks are emerging. Consumers are continuing to engage with their banks via mobile means, and branches are...
PNC Financial Services Group saw delinquencies, total non-performing loans (NPLs) and net loan charge-offs increase during the fourth quarter. One notable contributor to the increase...
For Goldman Sachs, the narrowing of focus continues. And in the latest earnings report, released Tuesday (Jan. 16), the Wall Street firm detailed its progress...
Deutsche Bank has reportedly resumed merger discussions with fellow German financial institution Commerzbank. The two companies had called off their initial plans to merge five years ago. But now,...
The initial headlines and initial takes on big bank earnings may have focused on the state of the consumer, on card spending, especially. But there’s...
The head of the world’s banking watchdog is calling for greater oversight of artificial intelligence. Pablo Hernández de Cos, chair of the Basel Committee on Banking...
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...
Goldman Sachs is reportedly increasing its efforts to court ultra-rich clientele. The banking giant has been more focused on lending to private wealth customers —...
Citigroup reported a net loss of $1.8 billion for the fourth quarter, attributing that in part to several “notable items.” The items include a special...