01/26/2021
American Express Reports Fourth-Quarter Revenue of $9.4 Billion and Earnings Per Share Of $1.76
Our progress in managing through the pandemic over the last year confirms the strength of our differentiated business model
Retail Banking
01/25/2021
AFTAs 2020: Best Infrastructure Initiative—Bank of America
The WAN is based on 100 gigabit-per-second private Ethernet lines, and uses the latest carrier-grade, programmable routers and automation software that enable traffic segmentation and end-to-end encryption.
01/21/2021
Truist Reports Fourth Quarter 2020 Results
Earnings of $1.2 billion, or $0.90 per diluted share
12/30/2020
European banks struggle to crack US retail market
Lenders squeezed out as American rivals double down on domestic operations
12/29/2020
JPMorgan is acquiring a major credit card rewards business in a bet that travel will rebound next year
JPMorgan had partnered with cxLoyalty for its popular credit card rewards program until 2018
12/15/2020
Deutsche Bank raises prospect of moving half its New York staff
US chief says employees could be shifted to lower-cost areas of country in next five years
12/11/2020
Silicon Valley banks mark almost 25% growth in deposits for 2020
The Bank of Hope has a single Silicon Valley location, at 1102 El Camino Real in Sunnyvale.
12/01/2020
Out from under regulatory orders, The Bancorp finds itself 'at the right time in the right place'
The Bancorp CEO Damian Kozlowski said the order was quite broad in its application.
11/17/2020
Brazil Central Bank Launches 'PIX' Instant Payments System
As the central bank sets low prices for money transfers and payments via Pix, the regulator believes competition will increase.
10/22/2020
Honduran Citi executive nominated for No. 2 job at Latin American bank
A spokesman for the Bank declined to comment.
10/06/2020
Bank of America, Wells Fargo and Truist remain deposit leaders in Sarasota-Manatee
Truist, the recent combination of SunTrust and BB&T banks, grew just $2.1 million for a total of $3.429 billion.
09/16/2020
PNC, Key Bank to close more branches
PNC currently has 2,256 branches while KeyCorp has 1,077 branches
08/28/2020
Mogo Establishes new Referral Agreement with EQ Bank for Savings Plus Account
ogo to promote EQ Bank’s award-winning Savings Plus Account to its member base
08/25/2020
Report: Arvest Bank most popular PPP lender in Arkansas
About 91% of Arvest Bank’s 6,553 PPP loans were for amounts of less than $150,000, according to the study.
08/24/2020
Bank earnings preview: Focus remains on bad loan provisions in Q3
The banks have continued to face pressure in the quarter as the COVID-19 pandemic continues to wreak havoc on the economy, employment and investments.
08/18/2020
American Express to Acquire Kabbage
Acquisition Will Expand American Express’ Digital Cash Flow Management Offerings for Small Businesses
08/14/2020
HomeStreet Bank Selects SS&C to Support Commercial Real Estate Lending Operations
Seattle community bank will leverage Precision LM to manage $3.6 billion commercial/multifamily mortgage loan portfolio
08/03/2020
BBVA, named best bank in Europe and Latin America for innovation in digital banking
Newly renamed ‘Innovation in Digital Banking Awards,’ this honor was created because the publication believed it need to to more broadly recognize the innovation strategies that banks have defined to advance their digital transformations.
07/17/2020
RBC tests new loss-absorbing note amid uncertainty on COVID pain
The deal will be available for sale to domestic and overseas buyers, according to a presentation sent to regulators in Canada on Wednesday.
07/03/2020
National Bank in Colorado joins growing list of banks closing branches
Several other banks have announced branch closures in recent weeks, including CB Financial Services in Carmichaels, Pa.; Mercantile Bank in Grand Rapids, Mich.; and Nicolet Bankshares in Green Bay, Wis.