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Credit defaults increase in March for fourth consecutive month

Credit defaults increase in March for fourth consecutive month

S&P/Experian indices showed bank card default rates increased the most, rising 12 basis points
Majority of Americans believe racism present in US financial and credit scoring systems

Majority of Americans believe racism present in US financial and credit scoring systems

New survey finds a distinct lack of consumer trust, despite efforts by the industry to make practices more equitable
Wells Fargo launches portal to connect small businesses with alternative financing options

Wells Fargo launches portal to connect small businesses with alternative financing options

The portal aims to help small businesses recover from the Covid-19 pandemic
Appointments: Triumph Bancorp reorganizes executive management

Appointments: Triumph Bancorp reorganizes executive management

Plus: New head of banking at Wells Fargo and presidents at Gateway Bank and Dime Community Bank
Banking Exchange to Host Discussion April 19 on Granular Data and Climate Change

Banking Exchange to Host Discussion April 19 on Granular Data and Climate Change

The premise of the webinar is that “green is the new gold” and when it comes to climate change, what banks need is data
Bank of America Surprises With Strong Credit Results From Its Customers

Bank of America Surprises With Strong Credit Results From Its Customers

Its first quarter profit exceeded estimates due to the credit quality of its customers
Cybersecurity litigation remains growing concern facing financial institutions

Cybersecurity litigation remains growing concern facing financial institutions

Financial institutions increasingly feel more vulnerable to cybersecurity-related disputes as compared to other industries
New CEOs for Fifth Third and CCB Bank

New CEOs for Fifth Third and CCB Bank

Plus: New chief sustainability role at Wells Fargo and C-suite additions at South Atlantic Bank and Univest
Digital Banking Tools Linked to Financial Confidence, Survey Finds

Digital Banking Tools Linked to Financial Confidence, Survey Finds

KeyBank survey also found that younger generations prefer a combination of digital and in-person banking
RBB President and CEO Resigns After Internal Investigation

RBB President and CEO Resigns After Internal Investigation

Alan Thian has exited the bank with immediate effect, having been placed on leave in February
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