European consumers are reportedly pulling their savings from bank accounts as they seek better deals. As Reuters reported Thursday (May 4), this phenomenon has emerged as some...
Goldman’s Main Street push is receding a bit further into memory. By booking a $470 million loss on the partial sale of its book of...
Wells Fargo has named Saul Van Beurden CEO of Consumer & Small Business Banking. Van Beurden will succeed Mary Mack on May 15, as Mack will retire from the company...
For Goldman Sachs, the journey down Main Street now seems like an ill-advised detour. As reported here, the white-shoe investment bank is mulling what’s next for its...
With more and more consumers embracing digital-first banks, the under-18 crowd presents the next generation of customers. But digital banking products for minors have not...
A former head of Goldman Sachs’ mass-market retail effort, Marcus, is reportedly leaving the bank. Peeyush Nahar, who joined Goldman Sachs in 2021 to lead the...
A decision last week by Goldman Sachs to fold its consumer banking unit Marcus into other operations was the subject of conflict between CEO David...
There’s an old saying in the newspaper business: Never argue with someone who buys ink by the barrel. The implication of that statement is that...
U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and...