retail banking

Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
December 12, 2022  |  Banking

Goldman Sachs reportedly plans to make cutbacks in its retail banking business.  The Financial Times reported Monday (Dec. 12) that the firm is considering cutting...

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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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Citi to Exit UK Retail Banking, Focus on Wealthiest Customers
Citi to Exit UK Retail Banking, Focus on Wealthiest Customers
September 21, 2022  |  Banking

Citigroup is planning to end its retail banking operations in the U.K., shifting its focus to its wealthiest clients. According to a news release Wednesday...

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JPMorgan Hires in Germany to Expand Retail Banking
JPMorgan Hires in Germany to Expand Retail Banking
September 05, 2022  |  Banking

JPMorgan will hire a team of retail bankers in Germany, as it looks at expanding its international consumer business and seek steadier revenue streams, Reuters...

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JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
January 14, 2020  |  Earnings

The consumer is doing just fine. To that end, JPMorgan Chase reported results that showed continued strength in U.S. consumer banking and spending on credit...

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Top News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public eBanking System
Top News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public...
January 08, 2020  |  News

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to...

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Citigroup Names New Retail Banking Leader
Citigroup Names New Retail Banking Leader
January 08, 2020  |  Personnel

Citigroup named David Chubak, 39, to head the retail banking division in the U.S., the company announced on Tuesday (Jan. 7). Chubak has been with...

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Why Retail Banking Needs a Reputation Rehab
Why Retail Banking Needs a Reputation Rehab
June 14, 2019  |  Banking

Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. However, in the 2019 Retail...

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Citigroup Consumer Unit May Miss 2020 Goals
Citigroup Consumer Unit May Miss 2020 Goals
March 31, 2019  |  Banking

Citigroup, the third-largest bank in the U.S., could miss the financial targets for 2020 in the consumer division, reported The Financial Times. Despite the report...

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