by Banker & Tradesman | Jun 15, 2022
The Consumer Financial Protection Bureau said it wants to improve customer service at big banks and credit unions by launching an initiative that it said would help customers “assert their rights to better customer service.”
by Diane McLaughlin | Nov 3, 2020
Massachusetts residents working at banks, credit unions and mortgage companies have contributed about $57,000 to presidential campaigns in 2020, according to data through Oct. 14 from the Federal Elections Commission.
by Banker & Tradesman | Oct 25, 2019
With customer behaviors changing and challengers such as digital giants, fintechs, and neobanks vying for market share, traditional retail banks must act now or lose out later in their quest for growth, according to a new report by Boston Consulting Group.
by Diane McLaughlin | Sep 18, 2019
Following recent acquisitions, both Rockland Trust Co. and People’s United Bank have seen their share of Massachusetts deposits grow, while Chase’s branch expansion strategy appears to be paying off.
by Banker & Tradesman | Jan 2, 2019
Students across the country are paying millions of dollars in account fees to banks that have struck marketing deals with colleges and universities.
by Bram Berkowitz | Jun 10, 2018
With all of the expenses banks and credit union rack up just to cover the cost of doing business, it’s hard to consider paper as a huge driver.
by Bram Berkowitz | Sep 11, 2017
At the end of the second quarter, there were nine less banks in Massachusetts from one year ago and roughly $6 million fewer assets controlled by the remaining 128 banks in the state, according to recently released FDIC data.
by Bram Berkowitz | Aug 21, 2017
The U.S. Justice Department has said it will end an initiative created by the Obama administration that discouraged banks from doing business with certain industries such as short-term lenders and firearm dealers.
by Reuters | Jun 19, 2017
Investors are hoping the Federal Reserve will allow big U.S. banks to put an estimated $150 billion in idle capital toward stock buybacks, dividends and profit-boosting investments in the coming weeks after conducting a regular examination of financial strength.
by Reuters | Nov 8, 2016
Big global banks, including Morgan Stanley, JPMorgan Chase & Co. and HSBC, are bracing for potential tumult on financial markets after Tuesday’s U.S. election.
by Banker & Tradesman | Oct 9, 2016
Don’t “bank” on getting a good grade on this exam.
by Banker & Tradesman | Jul 22, 2014
If you have anything to do with banking in...
by Banker & Tradesman | May 30, 2014
Happy Friday! I thought I’d share with you all, dear...
by Banker & Tradesman | Jun 21, 2013
Writing anything about student loans feels to me how...