consumer banking

JPMorgan Chase Names Jeremy Barnum CFO
People

JPMorgan Chase Names Jeremy Barnum CFO

Barnum takes the place of Jennifer Piepszak, who was named co-head of the bank's consumer and community banking business.
By Vincent Ryan | May 18, 2021
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Goldman Reorganizes to Highlight Retail Shift
Strategy

Goldman Reorganizes to Highlight Retail Shift

The changes to Goldman's business segments showcase "how digitally focused and consumer focused the Wall Street titan has become."
By Matthew Heller | January 7, 2020
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Consumers Boost Citigroup’s Second-Quarter Performance
IPOs

Consumers Boost Citigroup’s Second-Quarter Performance

The first major bank earnings report demonstrates consumers may be key to the second-quarter profits of the largest financial institutions.
By Vincent Ryan | July 15, 2019
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Bank of America’s Profit Jumps 32%
Investment Banking

Bank of America’s Profit Jumps 32%

BofA's consumer banking, global markets, and wealth management divisions drove performance in the third quarter.
By William Sprouse | October 15, 2018
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Citigroup Takes $22B Charge on Tax Law Adjustments
Tax

Citigroup Takes $22B Charge on Tax Law Adjustments

The bank's earnings excluding the tax items beat estimates, with consumer banking posting a particularly strong quarter.
By Matthew Heller | January 17, 2018
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BofA’s Retail Unit Hits ‘Milestone’ $2B Profit
Financial Performance

BofA’s Retail Unit Hits ‘Milestone’ $2B Profit

The bank's overall Q2 earnings rose 10% to $4.9 billion as the retail business delivered a 21% increase in net income.
By Matthew Heller | July 18, 2017
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Goldman Sachs Rolls Out Consumer Lending Platform
Corporate Finance

Goldman Sachs Rolls Out Consumer Lending Platform

Introduced last week, the online-only platform, Marcus, allows consumers to borrow up to $30,000 with no fees and a fixed APR.
By Sean Allocca | October 18, 2016
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