Banking News

27
Apr
Could Post Offices Begin Offering Banking Services?

If Sen. Kirsten Gillibrand (D – N.Y.) has her way, post offices may start offering a lot more than stamps and mailing options to the patrons walking through the door. Gillibrand introduced a bill this month that would mandate every U.S. post office to offer certain banking services as well.The move might have some potential. […]

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19
Oct
Barclays U.S. Launches a New Banking Tool for Consumers

Pictured above is the Barclay US building in New York City.This week, Barclays announced it is launching a new product for its U.S. customers called My Personal Bank. My Personal Bank is a personal banking tool that is designed to make banking and money management easier for customers. The service is embedded in the credit […]

Posted in: Banking News,
05
Oct
Wells Fargo CEO Questioned by U.S. Senate Banking Committee

​Pictured above is an unspecified Wells Fargo location.On Tuesday, new CEO of Wells Fargo Tim Sloan took the stand at a hearing in front of the U.S. Senate Committee on Banking, Housing, and Urban Affairs for the first time in Washington, DC. It has been more than a year since it was revealed that Wells […]

Posted in: Banking News,
04
Oct
Investment Banking Fee Revenue Breaks a 10-Year Record

Investment banking fees just broke the upper watermark that was last set before the last financial crisis. The fees collected by the investment banking industry so far this year exceed $76 billion, based on new reports from The Financial Times. The industry at large produced strong fee growth with some exceptional All-American performances from the […]

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