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Retail Banking

Consumer spending, government spending and residential investments were the catalysts for growth
The current economic environment is leading many lenders to reevaluate their business strategies
The rule requires banks to collect and report data on credit applicants
JP Morgan reported $13.15 billion in profit last week
ABA survey assessed customer satisfaction as well as opinions on cannabis banking and overdraft protection
Revenue and margins are both expected to decline throughout the banking sector
New Ipsos survey shows increasing numbers of Americans are concerned about their finances
Fear of recession continues to impact habits despite improving economic outlook, according to survey
FDIC data reveals insured institutions reported net income of $70.8 billion for Q2 2023
Survey finds US banks are not satisfying most of their customers, although trust remains high
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