US megabanks are “laggards” on climate policy: Sierra Club
JPMorgan Chase, Bank of America, Citigroup and other big banks have committed to reaching net-zero emissions by 2050. But their execution is lagging behind their pledges, according to a new report by the environmental group.
Discover’s revenue grows, but credit performance dips
The financial institution beat analysts' estimates on revenue, net income and diluted earnings per share amid modest loan growth, even as credit performance showed signs of deterioration.
Banking lobbies back Fed in debit swipe-fee suit
The Bank Policy Institute and The Clearing House filed a motion to join the central bank's defense of Regulation II.
New York Community set for a corporate rebranding
After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.