by Ken Chase | Jun 13, 2022 | Banks, Market
By: Ken Chase. The Senate Banking Committee voted 17-7 on Wednesday afternoon to approve President Joe Biden’s nomination of Michael Barr to serve as the vice chair of banking supervision at the Federal Reserve. The bipartisan vote saw five committee Republicans join...
by Ken Chase | Jun 6, 2022 | Banks, Market
By: Ken Chase. In a press release this week, Capital One Financial Corp. unveiled its new enterprise B2B software company, Capital One Software. The new business represents Capital One’s official entry into the enterprise software market and will focus on leveraging...
by Ken Chase | Jun 6, 2022 | Banks, Market
By: Ken Chase. Senate Banking Committee Chair Sherrod Brown this week urged Wells Fargo CEO Charles Scharf to make real progress in fixing the bank’s hiring practices, risk management, governance, and other long-standing issues. In a letter to the company’s head,...
by Ken Chase | Jun 3, 2022 | Banks, Market
By: Ken Chase. J.D. Power has released several studies that show that customer satisfaction with banking and credit card digital services has declined, even as demand for those services has steadily increased. In a press release announcing the findings, J.D. Power...
by Ken Chase | Jun 1, 2022 | Banks, Market
By: Ken Chase. In a recent response to a request for information from Texas Comptroller Glenn Hegar, the asset management firm Blackrock denied boycotting energy companies. According to a report by Reuters, similar denials have been issued by companies like JPMorgan,...
