Money

Banking & Insurance

When it comes to wanting stronger consumer protection and Wall Street regulations, the word bipartisanship actually exists. A significant majority of Democrats and Republicans want more accountability on Wall Street and stronger financial regulation.

We now know the acceleration of plastic waste into our environment contributes to consequences that go far beyond the health of the world’s ocean — mismanaged plastic waste is a serious public health problem.

Morgan Stanley has agreed to buy asset management firm, Eaton Vance, for some $7 billion, the latest in the push by CEO James Gorman to continue growing the firm’s investment management business.

The bank, which has pledged billions of dollars this year amid widespread anti-racism movements, says it wants to break down barriers of systemic racism.

The pledge is one of the largest race-related corporate financial commitments since early June.

Raphael Bostic, Neel Kashkari, and Eric Rosengren, presidents of the Federal Reserve Banks of Atlanta, Minneapolis, and Boston, initiated an unprecedented conversation about the Federal Reserve's role in 'Racism and the Economy.' This important seven-part series will continue into 2021.

The country's largest bank employer confirmed some layoffs have already happened, but did not comment on specific figures.

Fed Chair Powell fears "tragic effects on lives and well-being" from recession and calls on Congress to spend more. But Senate Republicans, and now the President, still refuse further emergency spending.

Nearly 80% of banks say they don’t have the technology they need to provide great customer experience, says a Forrester Wave report issued in September.

Over the past four years, Demetrius Gray and Jermaine Wakins built a detailed model of weather damage across the U.S. and Canada that can help millions of Americans rebuild faster following natural disasters.

Covid may be driving up mobile banking adoption, but 66% of consumers are completely disengaged from their banks. Financial institutions can’t rely on just attracting a new batch of highly engaged consumers—they must reacquire customers by increasing engagement to jump-start relationship growth.

Rising unemployment and job cuts do not bode well for Ally Financial. Stock and bond investors need to do their due diligence more than ever.

American Express has had a busy year, in fact, charging up over half a billion dollars in losses in the second quarter of 2020 alone. However, although the company reported an 85% slump in quarterly profit as of June 30, they still turned a profit. Is the stock a buy? Our AI doesn't think so.

Three of the most prolific enterprise blockchain builders shared a virtual stage as they delved into the inner workings of how they use the technology popularized by bitcoin.

As companies seek to maintain business operations in an increasingly volatile and complex environment, the risk management function holds the key to helping organizations respond to future volatility.

Trump loves to talk about how 'great' he has been to Blacks and Latinos in the United States. Data released this week by the Federal Reserve and UnidosUS do not support his claims.

By 2025, banks will become truly digital. Leveraging the potential held by AI and Big Data is vital in ensuring that the customer journey involves seamless physical and digital interaction.