Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Banks Claim to be Taking Market Share from Fintech During the Crisis
ShareTweet
Home
Fintech
Banks Claim to be Taking Market Share from Fintech During the Crisis

Banks Claim to be Taking Market Share from Fintech During the Crisis

Emily Donato·
FintechUSA
·Jun. 11, 2020·1 min read

Leading bankers claim that consumers are gravitating towards big, stable institutions during the financial crisis, reversing a decade long trend; the CEO of Morgan Stanley reminded everyone at the U.S. Financial conference this week that some of the new online robo players have had outages in recent times; Bank of America claims to have opened 300,000 new investment accounts during the crisis; Citizens Bank is gaining market share in mortgages as “a lot of the nonbanks are having some real challenges at the moment,” according to Brendan Coughlin, their head of consumer banking; according to the Federal Reserve, deposits at the 25 largest banks rose by about $1.3 trillion from the end of February through May 27. Yahoo

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts

Tags
Bank of AmericaCitizens BankdepositsFederal ReserveMorgan Stanleypandemicrobo
Related

Peter Renton looks at how AI is Changing Banking 

Stablecoins on the Menu as Fed Meets in Jackson

Tricolor’s plan to serve Hispanics, an emerging economic force

Alloy provides compliance regulations roadmap for financial institutions, fintech partners

Sponsored Sponsored content is a type of promotional media paid for by an advertiser but created and shared by a publisher. Fintech Nexus contracts sponsored content articles to experienced journalists comfortable in the fintech space.

Popular Posts

Today:

  • How Traversal Prevents Million-Dollar OutagesHow Traversal Prevents Million-Dollar Outages Apr. 30, 2026
  • 2026 Investor Predictions for AI and Data10 Investor Predictions for AI and Data in 2026 Dec. 17, 2025
  • What is Really Going on With Private CreditWhat is Really Going on With Private Credit Apr. 30, 2026
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • Zinnia CEO – Michele TrogniThe Nexus Profile: Zinnia’s CEO on Building the Rails for Financial Longevity Sep. 9, 2025
  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • peter2The Flipping Point: Why Fintech Meetup 2026 Marked the End of AI Hype Apr. 6, 2026
  • FNCombining Households in the Era of Modern Money Management Apr. 23, 2026

This month:

  • peter2The Flipping Point: Why Fintech Meetup 2026 Marked the End of AI Hype Apr. 6, 2026
  • FNCombining Households in the Era of Modern Money Management Apr. 23, 2026
  • FN1No Backspace in the Physical World – Building AI for 5,000-lb Machines Apr. 9, 2026
  • HumanX_recapHumanX: Between Prophecy and Procurement Apr. 9, 2026
  • Alloy President Laura SpiekermanAlloy President Laura Spiekerman on Agentic AI and Identity Risk Apr. 2, 2026
  • HumanXOverheard At HumanX 2026 Apr. 16, 2026
  • What is Really Going on With Private CreditWhat is Really Going on With Private Credit Apr. 30, 2026
  • How Traversal Prevents Million-Dollar OutagesHow Traversal Prevents Million-Dollar Outages Apr. 30, 2026
  • NumosFunded: Numos raises $4.25M to make AI accountable to finance teams Apr. 3, 2026
  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results