Investors and portfolio companies increasingly prefer to arrange meetings directly
Month: April 2018
TSB to sever last of its links to Lloyds Banking Group
Transfer of 1.3bn customer records set to be completed over the weekend
Week in Review, April 21
Strong results from US banks; Netflix and Unilever also in the news
Citi rethinks tech branches and Santander’s blockchain first
Citibank finds people need people (at least in a branch). Santander launches a new consumer app, which makes money transfers using blockchain technology. JPMorgan Chase can be an intimidating partner for fintech startups. Plus, Elizabeth Warren’s new mission.
Wells Fargo woes, Ally departure and Fine exit: Top stories of the week
The issues at Wells Fargo extend beyond the fines; Ally Financial’s auto finance chief departs; ICBA chief Cam Fine signs off; and more from this week’s most-read stories.
Consumer credit eases pain of business lending slump
After nearly two years of sputtering commercial loan growth, regional bankers are counting heavily on expanding their portfolios of personal loans and other types of consumer credit.
Did SunTrust wait too long to announce data theft?
SunTrust let about eight weeks pass before telling the public that data tied to 1.5 million customers had been stolen.
Clock’s ticking: White House should name a permanent CFPB director
If President Trump doesn’t name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term.
$1B fallout: Where does Wells go from here?
The costly order against Wells Fargo contains both unexpected good news for the bank and more potential problems for its CEO.
Fidessa dumps Temenos in favour of £1.5bn Ion offer
Deal highlights private equity’s growing interest in financial trading assets