Citizens Financial Group announced on Monday (May 14) plans to launch Citizens Access, a nationwide direct-to-consumer online bank. In a press release, Citizens Financial said the digital platform will offer FDIC-insured deposits products aimed at serving people who want to save and want the flexibility of an online banking...
Wells Fargo, the embattled bank, warned investors at the company’s investor day meeting Thursday (May 11) that it won’t make as much in overdraft fees and other charges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Banking and financial services provider HSBC has started enabling its corporate customers to access mobile banking using a facial scan. 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...
Goldman Sachs and Wells Fargo are gearing up to go after the credit card lending industry as it seeks to access some of the $183 billion in fees and interest that comes along with credit card lending. Get the Full Story Complete the form to...
Wells Fargo announced Monday (May 7) that it has launched a new marketing campaign, dubbed “Re-Established,” which focuses on its commitment to rebuilding stakeholder trust following its fake account scandal. In a press release, Wells Fargo said the campaign, which launched Sunday (May 6) will demonstrate...
Insurance giant Nationwide has announced it is leaving the retail banking business. 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...
Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. 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...
New data shows that more Americans are holding money in their checking accounts, a sign that they don’t feel as secure as they would like about the economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Wells Fargo’s investment bank unit is in hiring mode, reportedly gearing up to hire hundreds of new employees — including around twenty managing directors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
