TD money-laundering scandal puts supervision back under the microscope
For more than a decade, the bank allowed billions of dollars from illicit activities to flow through the U.S. financial system unchecked. Some are wondering why examiners didn’t put a stop to it sooner.
Synchrony profits surge 25% on higher credit card balances
The company, which partners with retailers on store credit cards, saw spending volumes slip during the third quarter. But cardholders' outstanding balances rose, driving more interest revenues.
20 largest banks and thrifts by assets
The top five banks and thrifts had combined assets of more than $13 trillion as of June 30, 2024.
As Goldman Sachs exits GM deal, Barclays hopes to benefit
The investment banking giant is selling its General Motors credit card portfolio to Barclays, which is looking to grow and diversify its U.S. cards business. It's part of Goldman's retreat from consumer banking.