CEOs have complained that the rules tie up resources that could be used for lending and to help stimulate the economy.
“The card has been doing great” and was embraced by consumers before the bank did any marketing, the CEO said.
Citizens’ digital-investing service will be available online and by mobile phone through a partnership with robo-adviser SigFig.
It’s the beginning of the end for major job cuts at U.S. banks, according to a firm that advises many of them on workplace reductions.