Managers of Wealth Americas

Cambridge Bancorp and New Hampshire-based bank to merge

The transaction is presently valued at approximately $67 million in the aggregate, based upon Cambridge Bancorp’s closing price of $85.61 as of December 4, 2018.

Widgery Thomas Jr., retired banker, yachtsman, runner dies at 94

Survivors of the longtime Portland resident remember him as a selfless gentleman.

CIBC earnings rise on retail banking and wealth management

Earnings per share, excluding one-off items, rose to $3.00. Analysts had, on average, forecast earnings per share of $3.04, according to IBES data from Refinitiv.

HSBC U.S. Partners With Web-Based Avant to Offer Personal Loans

By adding personal loans to our expanding product suite, we’re meeting the needs of today’s consumers who want a safe, fast and easy way to borrow money online.

Exchange Bank Announces the Acquisition of First Northern Bank’s Asset Management & Trust Services Division

We are very happy to welcome First Northern Banks well-respected officers to our team of experienced professionals.

Spanish bank with Venezuelan ties to open Miami branch

The Federal Reserve issued an order approving the establishment of a Miami branch on Friday, September 28.

German digital bank launches in Britain, sets sights on U.S.

Since its launch in 2015 N26 has grown to have 1.5 million customers across eighteen markets in Europe including its home base of Germany

Santander's Botin Keeps Calm as Brazil's Divisive Election Looms

Brazil heading to elections on Sunday with economy in tumult

African Development Bank: The status quo must change.” - Adesina tells FinDev Canada conference in Montreal

Launched six months ago, FinDev’s mandate is to support the growth and sustainability of businesses in developing markets

Citi wins tender to buy Israeli government's Bank Leumi stake

Nearly 89 percent of Leumi trades on the Tel Aviv Stock Exchange.

Wells Fargo to lay off 638 jobs in mortgage division

Of the 638 job cuts, 137 will be concentrated in Orlando.

Israel’s Bank Leumi Eyes Growth as U.S Tax Probe Rankles Rivals

Leumi settled its investigation by paying a $400 million fine in December 2014—an amount that will likely pale in comparison to the penalties Israel’s two other large lenders will end up paying.

JPMorgan to Shut Investment Accounts for Foreign Retail Clients

JPMorgan’s private-bank clients won’t be affected, the people said.

Webster Reports Second Quarter 2018 Earnings

Adjusting for $7.2 million related to an accrual for deposit insurance assessments for periods prior to 2018 and $1.4 million of banking center optimization expenses, earnings per diluted share would have been $0.92.

European Challenger Bank invests in US consumer loans

This loan purchase programme was implemented by Fintex Capital

Bank of America beats, profits climbs 33%

Solid operating leverage and client activity drove earnings higher this quarter

HSBC Bank Canada looking to boost retail presence after mortgage blitz

The country's seventh-largest lender has been undercutting of other major banks with a five-year, 2.39-per-cent variable mortgage rate and wants to expand

CoBiz Financial sold in $1 billion deal

CoBiz also has private bank, wealth management and commercial insurance business. The transaction is expected to close in the fourth quarter.

The best of the best: RBI 2018 Global Awards winners revealed

It was a good night for Emirates NBD with three awards and for Royal Bank of Canada with two wins.

Stifel buys The Business Bank of St. Louis

The Business Bank of St. Louis was founded in 2002 and operates a full-service banking facility from a single location in Clayton, Missouri.

Retail Banking