Study co-written with Standard Chartered points to benefits of faster processing
IFM plans to increase workforce by 20% as it opens Swiss office
Infrastructure specialist to also offer rebate on investment fees to long-term clients
If the economy is booming, where are the loans?
Bank investors fear efficiency gains alone cannot keep driving profits
JPMorgan to build a Silicon Valley campus for 1,000 employees
JPMorgan Chase plans to open a fintech campus in Palo Alto, California, part of the bank’s efforts to attract more Silicon Valley talent.
Netspend breakdown, Warren chides Comerica, FDIC’s deposit rules: Top stories of the week
Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week’s most-read stories.
The Marco Polo market — from Italy to China and back
Mike Mackenzie’s daily analysis of what’s moving global markets
Alarm bells for CRE lenders after Bank OZK’s bad quarter
The company is facing criticism after a big chargeoff on two properties, showing that investors have little patience when a risky business model shows signs of distress.
Regionals won’t be making any major deals. Here’s why
On paper, conditions would seem favorable for regional banks to pursue acquisitions in order to overcome organic growth challenges. But executives have poured cold water on that idea in recent days.
How populism threatens banks
Current political forces pose a number of risks for financial institutions, including their stock prices and performance, if not their very existence.
What U.S. banks stand to lose in shunning open banking
A recent study concluded there are first-mover benefits for banks that embrace open banking. But many executives see its risks instead.