How the US port strike affects banks
Coordinated strikes by dock workers along the Eastern Seaboard and the Gulf Coast could cause issues for banks that provide credit to foreign shipping groups and domestic trucking companies.
International banking
Santander CEO’s growth plan: Challenge fintechs, emphasize global ties
New CEO Tim Wennes is counting on soon-to-launch digital offerings to boost consumer loans and deposits and playing up Santander's international reach in a bid to win over middle-market and corporate clients.
Fintechs look to fill void in private student lending left by banks
Many banks remain wary of student loans given the government's dominance in the market, but some fintechs see untapped potential.
Regulators extend comment period for Volcker Rule changes
The agencies had proposed revisions designed to make compliance less complex, but banks have expressed concern that the plan could have the opposite effect.
