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Banks cutting back on branch services to contain spread of coronavirus

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Many institutions said they would close branches, operate drive-throughs only, limit lobby visits to appointments or take other protective steps. Yet others want to stay open to promote public confidence in the banking system.

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Bankers seek defined role in disbursing emergency SBA loans

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Lenders are rallying around a bill from Sen. Rubio that would give them access to another $50 billion under the 7(a) program. It could face obstacles in the House, where a bill favors direct lending by the Small Business Administration.

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Calls mount for U.S. to halt foreclosures, evictions amid health crisis

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A national moratorium would be costly to lenders and servicers, but proponents say it's needed to help cushion the economic blow of the pandemic.

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Trump administration to halt foreclosures as pandemic worsens

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The temporary foreclosure moratorium on loans backed by HUD, Fannie Mae and Freddie Mac comes after lawmakers and housing advocates had pushed for steps to avoid consumers getting booted from their homes.

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JPMorgan Chase closing 1,000 branches to help slow pandemic

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The biggest bank in the U.S. will temporarily close 20% of its branches, following recommendations by health experts. It said it would also operate its remaining branches at reduced hours.

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Wells Fargo hires TD's Ellen Patterson as general counsel

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TD Bank Group's top lawyer will succeed Allen Parker at scandal-plagued Wells Fargo later this month.

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Regulators urge banks to give relief customers affected by pandemic

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The OCC and FDIC said banks should consider waiving fees, be flexible with loan repayments and that they would not be penalized if they close branches for precautionary reasons.

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Branches brace for staff shortages, rush for cash

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The coronavirus outbreak has led many banks to close branches, but for those that remain open, it's a new normal.

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Fintechs getting a boost from coronavirus outbreak

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COVID-19 is bringing business to PayPal, Blend, Symphony and others as homebound consumers and commercial clients seek more electronic services. But demand could cool if the economy slows further.

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Ex-PayPal CEO Bill Harris launches neobank for struggling households

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The serial entrepreneur has created a challenger bank called One for middle-income people with complicated financial lives.

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