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.

Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs
Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs
January 11, 2024  |  Earnings

Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season. Will...

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Report: Fed’s Emergency Lending Program Providing ‘Easy Money’ to Banks
Report: Fed’s Emergency Lending Program Providing ‘Easy Money’ to Banks
January 10, 2024  |  Banking

The Federal Reserve’s emergency lending program, known as the Bank Term Funding Program (BTFP), has reportedly become a source of “easy money” for banks. Established...

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SVB Financial Group and Creditors Aim to Form New Company
SVB Financial Group and Creditors Aim to Form New Company
January 09, 2024  |  Banking

SVB Financial Group, the former parent company of Silicon Valley Bank, has made progress in its bankruptcy case by reaching a deal with key creditors....

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Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
January 08, 2024  |  Banking

Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. A spokesperson for the British bank told Reuters Monday (Jan. 8)...

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European Banks’ Returns Set to Outdo American Counterparts
European Banks’ Returns Set to Outdo American Counterparts
January 08, 2024  |  Banking

Europe’s banks are reportedly set to have a much better year than their U.S. rivals. The KBW Bank Index, made up of the top 24...

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Jump in Bad Loans Threatens Big Banks’ Earnings
Jump in Bad Loans Threatens Big Banks’ Earnings
January 08, 2024  |  Debt

The specter of an increase in bad debt hangs over America’s largest lenders. Banks such as JPMorgan Chase and Wells Fargo will release their earnings...

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Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

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Embracing Emerging Technology as Payment Options Take Stage
Embracing Emerging Technology as Payment Options Take Stage
January 05, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
January 05, 2024  |  Loans

Traditionally, consumers rely on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans...

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