While Customer satisfaction with community banks and credit unions has fallen, it remains higher than satisfaction with national and super regional banks, according to a recent report from the American Customer Satisfaction Index.
A new report from Boston Common Asset Management finds that, while risk assessment tools and green banking industry initiatives have expanded in recent years, more changes are needed within the financial industry to manage climate-related risks.
People have always joked that there is no such thing as bad publicity, but the saying may prove to be true for the banking industry.
With the announcement Wednesday that Richard Cordray would resign from the Consumer Financial Protection Bureau, the agency is undoubtedly headed in a new direction.
The banking industry boosted earnings in the second quarter of 2017 with net income for the quarter surpassing $48 billion, a 10.7 percent increase from one year ago, according to data from the Federal Deposit Insurance Corporation.
