Managers of Wealth Americas

JPMorgan to close 5 percent of bank branches to cut costs

Tellers handled only 42 percent of all bank deposits last year

Real Estate Investor Acquires Mortgage Servicer for $1.3 Billion

Their principal offices are located in the Cayman Islands.

Santander reaches accord with N.Y. to expand bank account access

Citigroup's Citibank agreed last month to change how it used ChexSystems, as did Capital One, a unit of Capital One Financial Corp, in June.

Credit Suisse exits U.S. retail market making business

Credit Suisse Group is getting out of the U.S. equity retail market making business by the end of the first quarter after failing to gain enough scale to make a go of it

Societe Generale in big U.S. team hire

Societe Generale is entering the U.S. commercial-mortgage-backed securities market and has hired a team of more than 10 people from Royal Bank of Scotland for the effort

Fitch: Scotiabank Peru Makes a Stride to Expand Local Footprint

SPB has been increasing its share of retail and SME lending in the Peruvian market

Diebold restructures Latin American operations

From a financial reporting perspective, moving forward Diebold will record combined results from its Latin America and Brazil businesses

Signature Bank Named Best Bank in America by Forbes

Signature Bank a New York-based full-service commercial bank, announced today that it was named the best bank in America by Forbes in the publication’s annual list of America’s Best and Worst Banks 2015.

C1 Bank CEO, Trevor Burgess, named American Banker's Community Banker of the Year

C1 Bank President and CEO, Trevor Burgess, was honored today as American Banker Magazine's Community Banker of the Year.

Commercial State Bank announces partnership with ZT Wealth

Commercial State Bank, a Texas community bank, recently announced its partnership with ZT Wealth, a wealth management company specializing in private equity.

Bank expands footprint with $4M acquisition

A bank in the region has acquired a one-branch bank in a $4-million deal to expand its presence near the lakeshore.

Ziraat Bank’s New York branch quits retail banking after FED pressure

Turkey's state-run Ziraat Bankası New York branch, which has been subjected to strict US Federal Reserve (Fed) inspections over accusations of illegal money transfers, has told its customers that it is quitting retail banking.

AmericanWest Bank to merge with Banner

Banner Bank is merging with a regional bank that will create a company with about 190 branches and $9.7 billion in assets.

Citi to lay off 450 on Far West Side

Citi is laying off 450 workers at its operations on the city’s Far West Side.

Big banks giving up on their global ambitions

Almost 10 years ago to the day Citigroup’s then chief executive Chuck Prince started his global apology tour, aimed at mending relationships with regulators and bolstering Citi’s reputation.

Iberiabank Set to Acquire Florida Bank Group

Total cash consideration is around $39.4 million

Signature Bank Named Best Business Bank

Bank Also Ranked Second in Best Private Bank and Best Attorney Escrow Services Provider Categories

Citigroup Agrees to Sell 41 Texas Branches to BB&T

BB&T will pay a 5.3 percent premium to book value on about $2.3 billion in deposits, according to a separate statement from the Winston-Salem, North Carolina-based lender.

Hanmi Financial Completes Acquisition of Central Bancorp

Hanmi becomes the second largest Korean American Bank in the United States

M&T-Hudson City Merger Still Stalled After Two Years

Two years ago Wednesday, M&T Bank Corp. announced the largest acquisition in its 158-year history, a $3.7 billion deal to buy Hudson City Bancorp.

Retail Banking