The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.
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The total reflects big banks’ increasing use of alternative financial institutions that are using the funds for riskier bets.
For years, traditional cable had one trump card against the upstart streamers devouring their business: live programming. Not anymore.
TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.
Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.