Managers of Wealth Americas

Americans’ credit card debt falls, but past-due student loans drag on credit scores

The latest snapshot of how economy-powering consumers are managing their debt loads was released Tuesday by the Federal Reserve Bank of New York

Wells Fargo & Company Announces Common Stock Dividend and New $40 Billion Common Stock Repurchase Program

The program will be executed consistent with the company’s internal capital adequacy framework that considers current market conditions, regulatory capital requirements, and other risk factors.

Truist first bank to begin revolutionizing bill pay with alias-based request for payment via the RTP® network

The solution will ultimately enable businesses to offer faster, simpler, more secure, and cost-effective bill payments.

Flagstar plans to hire 80 to 90 more commercial bankers this year

The bank reported another quarterly loss, although executives are targeting profitability in the fourth quarter.

Wall Street pay guru forecasts a disappointing year for bonuses

Banks risk sinking into a "cultural malaise" born of the return to work, threats from AI and the waning of righteousness of ESG and DEI issues.

Signature Bank Achieves Record Profitability in 2024, Expands Wealth Management and Strengthens Industry Leadership

Our team has a great deal to be proud of as we reflect on our financial success in 2024

Scotiabank Pullback Signals Global Banking Shift Away From Latin America

Scotiabank’s exit also fulfills a promise CEO Scott Thomson made in 2023 to refocus on more profitable North American markets.

Fintech Cadence and Visa join forces to support payment innovation in Canada

As part of the overall collaboration, Visa is one of the Champion Sponsors of the 2025 Fintech Drinks Series

Consumers Continue to Navigate Persistent Inflation by Changing Life Plans; Say They Want to Learn New Money Behaviors, According to Second Annual Wells Fargo Money Study

For adults in the first half of their financial lives, these numbers are even higher, with 82% of Gen Z adults and 79% of Millennials cutting back.

The International Banker 2025 North & South American Awards Winners

Banks are also now reporting more positive demand trends for CRE loans, further underscoring the brighter prospects for a sector badly damaged by rising interest rates in recent years.

Citi CEO Fraser closes pay gap to peers: IFR

The bank raised Fraser’s pay by 33% to $34.5mln

Banks closed more than 100 branches in three weeks as closure bloodbath continues in 2025

There's no doubt we're moving towards a cashless society

U.S. Bank to close doors of downtown Rice Lake branch this spring

We understand that the closure of any branch is a disruption for our clients

Wells Fargo launches new commercial banking platform with Q2

Last April, the US “Big Four” bank sought to enhance its commercial banking operations, particularly the efficiency of trade finance, by integrating TradeSun’s Intelligence V4 solution.

Wells Fargo Executives Plot Life After $36 Billion Punishment

By one measure, it has cost the lender more than $36 billion in profits, easily making it one of the harshest corporate sanctions in a generation.

PayPal Ventures invests in LatAm insurtech Olé Life

Olé Life is redefining how families access and experience financial protection with products that are easy to acquire and offer long-term stability.

Nbkc bank joins NR Atleas Allpoint Network

Kansas City, Missouri-based nbkc was looking for an efficient way to allow customers to conduct transactions

Dime Receives “Outstanding” Rating on Community Reinvestment Act Exam from Federal Reserve Bank of New York

The CRA encourages banks to help meet the credit needs of the communities in which they operate, including Low-to-Moderate Income neighborhoods.

Bank opening hours on New Year’s Eve and New Year Day: Bank of America, Wells Fargo, Citi…

Find out when Bank of America, Wells Fargo and Citi will be opening over the festive period, including December 31 andf January 1.

Central Bank of Brazil Approves PayRetailers Acquisition of Transfeera

It says this would strengthen the company’s regulatory and risk management structure in Brazil, and expand its opportunities in open banking.

Retail Banking