consumer banking

Chase Active Mobile Users Hit 33.3M
Chase Active Mobile Users Hit 33.3M
January 15, 2019  |  Earnings

In what is becoming what seems to be a familiar theme as banks report earnings, trading revenues plummeted at the end of last year, but...

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Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
January 14, 2019  |  Earnings

Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility into the numbers...

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Radius Bank Goes Mobile For Micro-Businesses
Radius Bank Goes Mobile For Micro-Businesses
December 18, 2018  |  B2B Payments

Virtual bank Radius Bank — which services small businesses (SMBs), micro-firms and consumers — is rolling out a revamped digital banking platform and a mobile banking app,...

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HSBC, Avant Team On Personal Loans
HSBC, Avant Team On Personal Loans
October 24, 2018  |  Loans

HSBC Holdings announced that it is teaming up with online lender Avant to offer unsecured loans to consumers. In the first half of 2019, HSBC’s...

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Banks’ Low Interest Rates Costing Them Deposits
Banks’ Low Interest Rates Costing Them Deposits
October 23, 2018  |  Banking

The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter, compared with a...

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Goldman Reassigns Online Bank Marcus To Wealth Unit
Goldman Reassigns Online Bank Marcus To Wealth Unit
October 23, 2018  |  Banking

Goldman Sachs is moving its Marcus business line into its wealth-management unit. According to an internal memo seen by Bloomberg, the firm’s $1.5 trillion investment-management...

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Citi Ventures Makes Investment In Ondot
Citi Ventures Makes Investment In Ondot
October 22, 2018  |  Mobile Payments

A sense of control and security goes a long way toward building confidence, and that’s especially true in payments and commerce. Make consumers feel as...

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JPMorgan Reports Growth In Card Spend, Mobile Users
JPMorgan Reports Growth In Card Spend, Mobile Users
October 12, 2018  |  Earnings

JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction in consumer spending,...

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Citigroup Beats Earnings Expectations, But Misses On Revenue
Citigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018  |  Earnings

It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. According...

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