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Banking

The Bank Black movement gains traction

by Marielle Segarra
Apr 20, 2017
Since July, people have moved about $60 million to these institutions.
Since July 2016, advocates estimate people have moved more than $60 million to black banks. Above, a picture of the black-owned OneUnited Bank.
John Phelan/Wikimedia Commons
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Wells Fargo claws back $75 million from top execs in sales scandal

by Marketplace Contributor
Apr 11, 2017
Problems with Wells Fargo's sales culture dates back at least 15 years, according to a recent investigation.
Justin Sullivan/Getty Images
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Bank of England involved in Libor scandal, reports the BBC

by Kimberly Adams
Apr 10, 2017
The BBC has obtained a secret recording that links the bank to Libor rigging.
Carl Court/AFP/GettyImages
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Credit card companies will negotiate with consumers, survey suggests

by Nancy Marshall-Genzer
Mar 27, 2017
All credit card owners need to do is ask banks to negotiate rates.
"We've seen debit card volume increase much more than credit card volume," says Visa CEO Al Kelly.
Justin Sullivan / Getty Images
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No ATM card? Wells Fargo customers will be able to withdraw using their smartphones

by Adam Allington
Mar 24, 2017
Starting next Monday, customers of Wells Fargo bank will be able to make ATM withdrawals nationwide without a card using a smartphone. The trend could spread quickly to other banks around the country as consumers grow more used to advanced banking technology. Click the audio player above to hear the full story.
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Goldman Sachs offers new online lending platform

by Mark Garrison
Mar 20, 2017
The bank is making a risky bet on something far from its comfort zone.
Goldman Sachs' new lending platform, Marcus, makes small loans to regular people, not elite corporations and investors.
Spencer Platt/Getty Images
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Corner Office

Sallie Krawcheck says gender diversity on Wall Street has stalled

by Kai Ryssdal and Bridget Bodnar
Feb 15, 2017
And here's what women should do about it before another financial crisis hits.
Sallie Krawcheck says her dismissal from Wall Street had to do with her gender.
Mario Tama/Getty Images
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The Volcker Rule may see some changes

by Marielle Segarra
Jan 20, 2017
Treasury secretary nominee Stephen Mnuchin hinted yesterday that he wants to simplify the Volcker Rule.
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Many banks still won't take pot money

by Mariam Baksh
Nov 10, 2016
Legal marijuana made huge gains this week, but business owners say they need a place to store all that green.
Marijuana plants in Washington, D.C. 
Getty Images
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Pop quiz: What positions will the next prez appoint?

by Nancy Marshall-Genzer
Oct 20, 2016
D.C. tourists think the Supreme Court, not the Fed.
Alex Wong/Getty Images
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