Banking & Lending
Citizens Adds Biz Cashflow-Forecasting Product
Citizens recently announced the launch of a new tool intended to appeal to business banking customers.
Fed Officials Now Predict Only One Rate Cut This Year
Federal Reserve officials lowered their forecast to forecast for one rate cut this year, down from their previous projection of three cuts, because inflation, despite having cooled in the past two months, remains persistently above their target level.
Online-Only Banks Experience Decrease in Customer Satisfaction
A recent analysis by J.D. Power reveals an overall decline in customer satisfaction for online-only banks due to issues with customer service and efficient problem resolution.
![‘Stable, Steady and Scalable:’ FIs Explore Wealth Management](https://theregistryreview.com/wp-content/uploads/2024/05/companys-profit-monthly-on-tablet-1080x675.jpg)
‘Stable, Steady and Scalable:’ FIs Explore Wealth Management
The competition to provide more affluent customers with an array of investment and advisory services is heating up.
Changes from Visa Mean Americans Will Carry Fewer Credit, Debit Cards
The new features will make the 16-digit credit or debit card number printed on every card increasingly irrelevant.
FDIC Chairman to Step Down Following Report on Toxic Workplace Culture
Martin Gruenberg’s long tenure at the agency made him largely responsible for the agency’s toxic work environment, according to the independent report outlining the problems at the agency.
FDIC Report Outlines ‘Misogynistic’ Workplace Culture
An independent review of the Federal Deposit Insurance Corp.’s workplace culture describes an environment that fostered “hostile, abusive, unprofessional or inappropriate conduct.”
FDIC Report Outlines ‘Misogynistic’ Workplace Culture
An independent review of the Federal Deposit Insurance Corp.’s workplace culture questions whether the agency’s chairman is credible to lead the agency through a cultural transformation.
Reclassification of Marijuana Could Build Momentum for Cannabis Banking Reform
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
![Affluent Americans’ Spending Driving Economy, Delaying Fed Rate Cuts](https://theregistryreview.com/wp-content/uploads/2024/05/wealth.png)
Affluent Americans’ Spending Driving Economy, Delaying Fed Rate Cuts
Benefiting from outsize gains in the stock and housing markets over the past several years, they are accounting for a larger share of consumer spending, pushing prices of services like health care and entertainment up.