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After the retail giant filed an $800 million lawsuit against its former credit card partner, shares in Synchrony plunged. Now analysts fear its relationship with Sam’s Club may be in jeopardy.
November 2American Banker -
The administration says it wants to focus on risky activities as opposed to individual nonbank firms. But there are big questions with that.
October 17American Banker -
The industry risks losing more business to fintech startups and facing increased attacks in Washington if it can’t shore up its reputation.
September 14American Banker -
With strategic changes at key trade groups and attention shifting away from regulatory relief for community banks, the interests of large institutions have taken on more prominence.
August 22American Banker -
The bank continues to battle a series of negative headlines such as erroneous foreclosures, but public and investor reaction has been muted.
August 13American Banker -
Merger announcements typically follow a tried-and-true formula of cutting costs to boost profit. WSFS, however, plans to reinvest $32 million in new tech initiatives after buying Beneficial.
August 10 -
Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.
August 9American Banker and Financial Planning -
Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.
August 6American Banker and Financial Planning -
Mel Watt's term as director of Federal Housing Finance Agency ends in January, but his exit may be accelerated if the accusations in a new report prove true.
July 27IntraFi Network -
It may be unprecedented, but it was hardly surprising. Still, it comes at a dangerous time for the Fed. Here’s why.
July 19American Banker