consumer banking

Goldman Execs Battled Over End of Retail Banking, Report Says

Goldman Execs Battled Over End of Retail Banking, Report Says
Goldman Execs Battled Over End of Retail Banking, Report Says
October 23, 2022  |  Banking

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...

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Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
June 28, 2022  |  Digital-First Banking

There’s an old saying in the newspaper business: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Monzo Launches New Premium Consumer Banking Accounts
Monzo Launches New Premium Consumer Banking Accounts
July 16, 2020  |  Digital Banking

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...

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Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
July 16, 2020  |  Earnings

Charlotte, North Carolina-based Truist Financial Corp. on Thursday (July 16) became the latest bank to report some good news in its second-quarter results, but there...

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JPMorgan Q2 Chase Credit Card Volume Plunges 23 Pct
JPMorgan Q2 Chase Credit Card Volume Plunges 23 Pct
July 14, 2020  |  Earnings

J.P. Morgan Chase – America’s biggest bank in asset terms – on Tuesday (July 14) became one of the first financial firms to show how...

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Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
March 03, 2020  |  Banking

Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the...

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SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
February 14, 2020  |  B2B Payments

Customer service is the lifeblood of financial services, just as much as credit cards, debit cards and checking accounts. Get the Full Story Complete the...

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Gallup: Credit Unions Feel The Love
Gallup: Credit Unions Feel The Love
January 31, 2020  |  Credit Unions

The notion that credit unions (CUs) play country mouse to their more worldly banking cousins is beyond flawed, as a recent poll by the Gallup...

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Goldman Targets $125B In Consumer Deposit Balances In Five Years
Goldman Targets $125B In Consumer Deposit Balances In Five Years
January 29, 2020  |  Banking

Amid the targets for return on equity in the investment banking business, Goldman’s first Investor Day in the wake of a revamped operating structure placed...

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