Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

Lloyds Reportedly Puts Brakes on Staff Travel
Lloyds Reportedly Puts Brakes on Staff Travel
July 15, 2024  |  Banking

Lloyds is reportedly telling staff to reduce their use of taxis and business class flights. It’s part of the British banking giant’s attempt to cut...

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Boutique Investment Bank Ardea Reportedly Eyes UK Expansion
Boutique Investment Bank Ardea Reportedly Eyes UK Expansion
July 15, 2024  |  Banking

Boutique investment bank Ardea Partners is reportedly planning to expand in the U.K. As the Financial Times (FT) reported Monday (July 15), the New York-based...

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Citi Names Barclays Vet James Morris as UK Commercial Banking Head
Citi Names Barclays Vet James Morris as UK Commercial Banking Head
July 15, 2024  |  Personnel

Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected...

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Australian Banks Refund $19 Million to Low-Income Customers
Australian Banks Refund $19 Million to Low-Income Customers
July 15, 2024  |  Bank Regulation

Banks in Australia are issuing $19 million in refunds to low-income customers. The move follows an investigation by the Australian Securities and Investment Commission, which...

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CE 100 Index Gains 1.3% as Big Banks Post Earnings
CE 100 Index Gains 1.3% as Big Banks Post Earnings
July 15, 2024  |  Connected Economy

Earnings season is in full swing, as big banks – specifically, JPMorgan and Citigroup – helped sway the fortunes of the CE 100 Index. The...

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British Consumers’ Complaints About Banking Sector Rise Amid Record-High Fraud
British Consumers’ Complaints About Banking Sector Rise Amid Record-High Fraud
July 12, 2024  |  Banking

British consumers have more complaints about the banking sector across the board than they did a year ago. Complaints about the sector reached their highest...

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Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
July 12, 2024  |  Bank Regulation

Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts...

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Wells Fargo Turns to Digital, AI as Inflation Batters Deposits
Wells Fargo Turns to Digital, AI as Inflation Batters Deposits
July 12, 2024  |  Earnings

Banks today are caught between an ongoing digital shift and a challenging macro environment. With the release of Wells Fargo’s second quarter 2024 earnings on...

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JPMorgan Sees Strong Card Spend Despite ‘Weakness’ From Lower-Income Consumers
JPMorgan Sees Strong Card Spend Despite ‘Weakness’ From Lower-Income Consumers
July 12, 2024  |  Earnings

JPMorgan’s latest results, released Friday (July 12), showed that consumers continued to use their cards in full force, for both debit and credit payments. And...

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