The year in bank failures; big banks rank on top in satisfaction
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Dramatic collapses made 2023 the biggest year ever for bank failures: The five banks that went under in 2023 had nearly $550 billion of assets, the largest total in a single year. Here's a look back at how they unraveled.
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Big banks get higher satisfaction scores, but lose ground with savers: Retail customers at large banks were a bit more satisfied this year than in 2022, a new J.D. Power study finds. However, more of those same customers are moving cash to — and seeking advice from — wealth management firms and online banks.
Navy Federal's loan growth far outpaces bank competitors: The world's largest credit union, Navy Federal Credit Union reported a 5% increase in total loans in the third quarter while lending at the largest banks was almost stagnant. However, the Vienna, Virginia, institution's charge-offs also jumped significantly.
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Sen. Sherrod Brown presses big banks on protections for service members: The Ohio Democrat is pressuring the CEOs of 摩根大通 , 美国银行 , 花旗 and 富国银行 to proactively provide financial benefits to active-duty service members. Those protections are enshrined in a 2003 law, but many service members do not seek them out.
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11 个月Why are banks, their trade organizations, and legislative representatives, allowing the Credit Union Cartel (the Profiteers of Tax-Exempt Banking) to use their tax-exempt revenues to have attorneys as officers of the court, defraud state and federal courts over eight years to conceal financial institution and other crimes by, and authorized by, credit unions and their mutual insurer owned by 5,000 other credit unions, and use of three federal judges to conceal it (to compete even more unfairly against banks)? More at... https://www.scribd.com/document/691915632/Evidence-Proving-Corruption-of-the-Federal-Judiciary-by-the-Credit-Union-Cartel-the-Profiteers-of-Tax-Exempt-Banking The Credit Union Cartel - https://vimeo.com/manage/videos/656256815??and??https://www.dhirubhai.net/groups/14221041/