Banks

News and Articles About Banks

Why You Should Care About Student Loan Debt
Student Debt

Why You Should Care About Student Loan Debt

It's easy to think of it as a young person's problem, but its ripple effects are prodigious, affecting the entire national economy.
Phil La Duke
Airbnb Gets $1 Billion Debt Facility From U.S. Banks
Airbnb

Airbnb Gets $1 Billion Debt Facility From U.S. Banks

JPMorgan, Citigroup Inc., Morgan Stanley and Bank of America Corp. led the debt deal, the source said.
Fed Records Show Dozens of Cybersecurity Breaches
Cybersecurity

Fed Records Show Dozens of Cybersecurity Breaches

The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as "espionage," according to Fed records.
U.S. Issues Rule Requiring Banks to Identify Shell Company Owners
Finance

U.S. Issues Rule Requiring Banks to Identify Shell Company Owners

The Customer Due Diligence rule, in the works since 2012, and the proposed legislation are meant to hinder criminals from using shell companies to hide ownership and launder money, finance terror, and commit other threats to the global financial system.
How to Pick the Right Bank for Your Business
Business Optimization

How to Pick the Right Bank for Your Business

A generation ago, most businesses just picked the bank closest to their office. Today, banks of all sizes and locations compete for your business -- but not all are equal. Let's break it down.
Small Banks More Likely to Give Businesses the Funds They Need, Fed Says
Ready To Launch

Small Banks More Likely to Give Businesses the Funds They Need, Fed Says

Business owners were more positive in 2015, but cash flow and retaining good employees remain large concerns.
Nina Zipkin
3 Reasons the Bank Yanked Your Credit Line -- and How to Fix the Problem
Business Optimization

3 Reasons the Bank Yanked Your Credit Line -- and How to Fix the Problem

It's a serious wake-up call, but it won't be the end of your business. Let's figure out what went wrong.
Why SunTrust Required Laid-off Employees to 'Be on Call' for 2 Years in Severance Package
Severance Pay

Why SunTrust Required Laid-off Employees to 'Be on Call' for 2 Years in Severance Package

The company didn't really mean it, though. Here's what businesses can learn from the bank's confusing cooperation clause.
Dan Steiner
Citigroup Is Testing Its Own Bitcoin: 'Citicoin'
Money

Citigroup Is Testing Its Own Bitcoin: 'Citicoin'

Taking a page out of Bitcoin's playbook, the banking giant is exploring innovative ways to transact across borders without a bank account.
Kim Lachance Shandrow
The EMV Card Deadline Is Coming. Here's How to Prepare Your Business.
Payments

The EMV Card Deadline Is Coming. Here's How to Prepare Your Business.

If you're not ready for to transition to EMV chip cards by Oct. 1, you could put your customers and your business at risk. Here's what you need to know.
Kim Lachance Shandrow
Uber in Talks With Banks for $1 Billion Credit Line
Uber

Uber in Talks With Banks for $1 Billion Credit Line

About six to seven banks are expected to be part of the facility, according to a report.
This One Stat Will Make You Never Want to Use an ATM Again
Security

This One Stat Will Make You Never Want to Use an ATM Again

Debit-card security compromises at ATMs were up this year -- by a lot.
Daniel Roberts
Late to the Party, Global Banks Try to Muscle Into India's Startup Boom
India

Late to the Party, Global Banks Try to Muscle Into India's Startup Boom

The banks missed out on the initial flurry of deal-making to their better-connected but much smaller domestic rivals.
Why Small Businesses Are Turning to Online Lenders
Lending

Why Small Businesses Are Turning to Online Lenders

Online lenders are attractive because business owners know time, not money, is their most precious resource.
Scott Shane