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Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally
Published: 19/04/2019The Detroit, Mich.-based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the All ... Read moreSource: bankinnovation.net -
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Schack: Expanded BMO Harris Innovation Program Casts Wider Net for Ideas
Published: 19/04/2019BMO Harris Bank is expanding the scope of its in-house accelerator from a local to a national program. The Chicago-based bank is accepting applications from fintech startups for the 2019 BMO Harris/18 ... Read moreSource: bankinnovation.net -
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Are Ride-Hailing Apps Responsible for Southeast Asia’s Growing Fintech Market?
Published: 19/04/2019Fintech in Southeast Asia is reaching new records for both deals and funding. One of the reasons for this rise may be, perhaps surprisingly, the ride-hailing business. The region, which includes count ... Read moreSource: bankinnovation.net
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JPM exec shuffle, U.S. Bank’s first digital chief, CFPB and debt collection: Top stories of the week
Published: 19/04/2019Whether JPMorgan tipped its hand on a succession plan; U.S. Bank hires its first chief digital officer; all eyes on CFPB as it modernizes its debt collection rules; and more from this week’s most-read ... Read moreSource: www.americanbanker.com -
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Nomura chief warns of severe job cuts in London
Published: 19/04/2019Brokerage looks to save $1bn to offset Brexit and weakness in trading business Read moreSource: www.ft.com -
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Goldman Sachs pays price for delay to strategic update
Published: 19/04/2019Shares hit as Wall Street banking rivals post a mixed bag of quarterly results Read moreSource: www.ft.com
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Friday Links: wage penalty, #LookLikeAnEconomist, detention vs meditation, #Rstats, #GitHub, jobs ...
Published: 19/04/2019And now for some Friday links ... Nice roundup on the wage penalty for mothers vs fathers across 6 OECD economies in the Economist (hint: it’s really large, and correlates well with population-w ... Read moreSource: blogs.worldbank.org -
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Improving Pakistan’s public and private investment
Published: 19/04/2019Pakistan is not investing enough and its share of investment to GDP is one of the lowest in the world at 15 percent almost half of the South Asian average at 30 percent. This translates into inadequat ... Read moreSource: blogs.worldbank.org -
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Leader of £14bn Mastercard claim defends US-style class actions
Published: 19/04/2019Former Financial Ombudsman head says claims will provide better redress for consumers Read moreSource: www.ft.com
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Shareholder adviser ISS backs Barclays in Bramson battle
Published: 19/04/2019Group says activist investor’s case is not ‘compelling’ enough to warrant a board seat Read moreSource: www.ft.com -
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Nomura boss says bank has ‘no choice’ but to change
Published: 19/04/2019For the second time in his seven years as CEO, Koji Nagai has announced massive cost cuts Read moreSource: www.ft.com -
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It can be hard to make a success of CEO succession
Published: 19/04/2019Goldman Sachs’ David Solomon is far from the only boss to be hit by bad news after replacing a long-serving leader Read moreSource: www.ft.com
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Dead Branding Society: Is blockchain the death of food branding as we know it?
Published: 19/04/2019© Flore de Preneuf/World Bank [[tweetable]]One way or another blockchain, that distributed ledger technology we keep hearing and reading about, means greater traceability.[[/tweetable]] And when it co ... Read moreSource: blogs.worldbank.org -
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‘A rogue regime can weaponize this agency’: Comments of the week
Published: 19/04/2019Readers debate the Federal Reserve's potential entry into real-time payments, consider the Consumer Financial Protection Bureau's guidance for assessing fines, discuss the efficacy of financial educat ... Read moreSource: www.americanbanker.com -
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The UBS banker in the Mueller Report: Robert Foresman
Published: 19/04/2019The special counsel’s long-awaited report describes three separate occasions in which Foresman, vice chairman of the Swiss company’s investment bank, had Trump-related contacts with Russians. Read moreSource: www.americanbanker.com
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Surviving Your First Year In CRE Brokerage
Published: 19/04/2019Just curious to hear everyone's stories as to how they survived their first 1-2 years in brokerage, specifically when it comes to lack/inconsistency of income. Also,... Read moreSource: www.wallstreetoasis.com -
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Canadian regulators ink cooperation deal with UK's FCA on sandbox initiative
Published: 18/04/2019The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Sc... Read moreSource: www.finextra.com -
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Moneycorp name Bob Down CEO, North America
Published: 18/04/2019moneycorp, the foreign exchange, international payments, and FX risk management provider has appoint... Read moreSource: www.finextra.com
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Why Citizens is willing to pay so much for deposits
Published: 18/04/2019The Rhode Island bank’s deposit costs nearly doubled in the first quarter, but CEO Bruce Van Saun says it has to go on the offensive to sustain loan growth. Read moreSource: www.americanbanker.com -
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Small core providers see de novos as a ‘land grab’ opportunity
Published: 18/04/2019Alternative providers like courting new banks. De novos like the modern features many alternative providers offer upfront. Read moreSource: www.americanbanker.com -
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Consumer lenders ease fears over credit quality
Published: 18/04/2019Measures of loan performance were generally better than expected at Ally, American Express, Synchrony and Sallie Mae. Their 1Q reports suggest that consumers remain able to meet their obligations desp ... Read moreSource: www.americanbanker.com
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