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OCC Warns of State Laws Targeting National Bank Activities

OCC Warns of State Laws Targeting National Bank Activities

Recent bank law developments are causing fragmentation of the banking system, OCC says
Nearly Half of Gen Z Rely on Others For Financial Support

Nearly Half of Gen Z Rely on Others For Financial Support

Gen Z faces financial dependence with 52% not earning enough for their desired lifestyle
Capital One Commits $286bn to Underserved Communities

Capital One Commits $286bn to Underserved Communities

Five-year community benefit plan will improve access to credit and affordable housing
HSBC Launches Infrastructure Finance Unit

HSBC Launches Infrastructure Finance Unit

New division will be headed up by former government minister Danny Alexander
Euro-Zone Reports First Loan Demand Increase Since 2022

Euro-Zone Reports First Loan Demand Increase Since 2022

Demand for housing loans increase by 16%
Bank of America’s Second Quarter Highlights Big Bank Earnings Advantage

Bank of America’s Second Quarter Highlights Big Bank Earnings Advantage

Earnings report was considered a win due to investment banking fees
CFPB Urges Banks Help Struggling Homeowners Over Foreclosing

CFPB Urges Banks Help Struggling Homeowners Over Foreclosing

New proposal would also reduce paperwork burdens
Nearly One in Three Consumers Use Financing to Cover Energy Bills

Nearly One in Three Consumers Use Financing to Cover Energy Bills

Consumers are also cutting back on essential and nonessential spending to cover costs
Citibank Fined $136 Million Over Unresolved Data Issues

Citibank Fined $136 Million Over Unresolved Data Issues

The Fed and OCC said the bank has failed to address issues identified in 2020
Global Credit Card Market to Exceed $1 Trillion by 2033

Global Credit Card Market to Exceed $1 Trillion by 2033

Growth attributed to increased demand for convenient and flexible payment methods
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