The recent Facebook scandal over illicitly distributed personal data has thrust social media into the spotlight, but banking is a sector that faces stringent compliance over privacy. So how are US banks using social media channels to best engage customers and promote their business? Jane Monahan reports.
The wind of change is blowing in the US banking sector, thanks to a shake-up at the top of its regulatory bodies, a series of tax cuts and bipartisan support for a Senate bill proposing to raise the threshold at which banks are considered 'systemically important'. Jane Monahan reports.