Managers of Wealth Americas

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.

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.

Yieldstreet Launches New Private Business Credit Vertical

The new vertical will invest in high-growth companies and make loans between $3 million and $30 million in: commercial term receivables, inventory purchase orders, consumer installment loans, equipment acquisition, auto loans, and other assets.

Bank of America takes stake in Dubai's Emirates NBD

The North Carolina-based bank is believed to have bought 100 million shares - about 1.51% - of Emirates NBD

LPL Bank and Credit Union Investment Program Managers Make Up One-Third of Industry Top 30 List

These program managers are supported by LPL Financial, a leading retail investment advisory firm and independent broker/dealer.

HSBC to sell US retail arm as part of more 'drastic' overhaul: reports

It is understood the board's review of what is already the biggest overhaul in the bank's 155-year history will involve deeper job cuts.

Heartland BancCorp Ranks #58 on American Banker Magazine’s Top 200 Publicly Traded Community Banks and Thrifts List for 2020

Being listed in the Top 200 is a validation of our success in focusing on strong relationships with our clients, communities and shareholders.

RBC keeping seniors safe by helping them bank from home

Seniors actively using online banking and mobile

Digital banking is surging during the pandemic. Will it last?

Online banking logins in the first three weeks of April grew 40% compared with the same period in March, and average logins per user rose from 7 to 8.6.

Cincinnati Financial Reports First Quarter 2020 Results

While we will evaluate each claim based on the specific facts and circumstances involved

Signature Bank Reports 2020 First Quarter Results

We are grateful that our clients recognize the strength of our balance sheet as in this quarter alone

American Express Reports First-Quarter Revenue of $10.3 Billion and Earnings Per Share of $0.41

To support our customers, we are offering consumer and small business Card Members a range of short- and long-term financial assistance programs

Regions Bank earns Gallup’s highest workplace honor a sixth consecutive year

Regions named a Gallup Exceptional Workplace Award winner

Modern Capital Announces Acquisition

The transaction, which is subject to FINRA regulatory approval, will allow Modern to expand its footprint into retail and institutional trading as well

Regions Bank wins 13 Greenwich Awards for middle market and small business banking

Recognized among top banks delivering high-touch service and technology solutions to help business customers grow and thrive

Canada's National Bank profit beats as financial markets, wealth management units shine

The bank's personal and commercial banking unit posted a 4% rise, partly aided by strength in mortgage and commercial lending

Wells Fargo Expands Financing for Diverse Small Businesses

Wells Fargo Foundation’s Diverse Community Capital Program invests $17.4 million to help entrepreneurs grow 50,000 jobs

PNC Reports Full Year 2019 Net Income Of $5.4 Billion

Fourth quarter net income was $1.4 billion, $2.97 diluted EPS

UK-based Credit Unions adopt TCS’ core-banking solution to go digital

TCS BaNCS’ superior performance and open architecture-based core banking and digital channels will help the credit unions enable faster payments.

Wells Fargo set for political trouble through 2020, warns Cowen

Seiberg pointed to an even “worse outcome” brewing for Wells Fargo: Getting dragged into the 2020 presidential election.

Retail Banking