Banking

Banking
Goldman Sachs: To Compete, Bank Needs Top Tier Tech Talent
February 13, 2020

As it quickly strengthens the ranks of its engineering personnel, Goldman Sachs is competing with the largest tech firms for workers. Co-chief Information Officer George Lee said onstage during an event Wednesday (Feb. 12) that the investment firm has 10,000 developers, which comprises roughly 25...

Banking
Revolut Starts Open Banking Service For UK Customers
February 11, 2020

Revolut has announced a new Open Banking feature that will allow customers to access all their bank accounts on a single app. The move will make everything easier and more efficient in dealing with people’s finances, according to a press release. Get the Full Story...

Banking
Credit Suisse CEO Resigns After Spying Fiasco
February 07, 2020

The CEO at the bank Credit Suisse has stepped down after a scandal involving corporate spying, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks
February 05, 2020

In finance, accounting is everything. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...

Banking
Remitly Taps Immigrant Market With New Passbook Banking Service
February 03, 2020

Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
New UK Farmers’ Bank Gets License, Funding
February 03, 2020

A new British bank that will launch later in 2020 is aimed at securing funding for farmers, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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

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 special emphasis on the digital realm. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Bank of America CEO: Room To ‘Double’ Its US Retail Segment
January 19, 2020

Brian Moynihan, Chief Executive with Bank of America, is not concerned with overwhelming his industry sector — instead, he believes the banking giant can double its consumer market share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Goldman’s Reporting Revamp Spotlights Its Consumer Focus
January 07, 2020

If you can’t beat ’em, join ’em — at least when it comes to reporting structure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...