by Ken Chase | Aug 22, 2022 | Banks, Market
By: Ken Chase. In its most recent U.S. Credit Card Satisfaction Study, J.D. Power found that the overall share of U.S. consumer credit card spending declined significantly. In a press release announcing the release of the study, the company cited consumer financial...
by Ken Chase | Aug 22, 2022 | Banks, Market
By: Ken Chase. In a new circular published this week, the Consumer Financial Protection Bureau outlined financial companies’ responsibility to protect their customers’ personal and financial data. In a move that analysts viewed as a potential crackdown on financial...
by Ken Chase | Aug 13, 2022 | Banks, Market
The Federal Deposit Insurance Corp. (FDIC) announced last week that its next test cycle will expand scrutiny old bank-held commercial real estate loans. In a report revealing the increased focus, the FDIC cited macroeconomic volatility as a major factor in its...
by Ken Chase | Aug 9, 2022 | Banks, Market
By: Ken Chase. In a new report released on August 4, compensation consultancy firm Johnson Associates predicted potential job losses and bonus reductions for the financial industry in the immediate future. The report cited the recent collapse of IPOs and equity...
by Ken Chase | Aug 9, 2022 | Banks, Market
By: Ken Chase. Goldman Sachs has revealed that the Consumer Financial Protection Bureau (CFPB) is currently investigating the company’s credit card practices. The firm disclosed the news in a regulatory filing on August 4, noting that the watchdog agency was looking...
