02/03/2022
American Express Ranks #13 on FORTUNE’s 2022 List of World’s Most Admired Companies
American Express ranked #4 in the Consumer Credit Card and Related Services industry category.
Retail Banking
02/01/2022
Southern Bancorp announces agreement to acquire Premier Bank of Arkansas
“For nearly 25 years, Premier Bank’s focus has been on serving and supporting our communities’ financial growth,” said Premier Bank CEO Donny Underwood. “
01/25/2022
American Express Fourth-Quarter Revenue Increases 30%
Fourth-Quarter Earnings Per Share Was $2.18, With Full-Year EPS of $10.02
01/21/2022
Ally Financial reports fourth quarter and full year 2021 financial results
Leading, digital-first Ally Bank platform generated strong growth across consumer and commercial product suite
01/20/2022
Regions Financial records record performance
Generates highest pre-tax pre-provision income on record.
01/19/2022
Citizens Financial Group Reports Fourth Quarter 2021 Net Income of $530 million and EPS of $1.17
Underlying Net Income of $569 million and EPS of $1.26
01/19/2022
Bank of America Reports Fourth-Quarter 2021 Financial Results
The news release, supplemental filing and investor presentation can be accessed at Bank of America’s Investor Relations website
01/12/2022
Citi to Exit Consumer, Small Business and Middle-Market Banking Operations in Mexico
Citi’s planned divestitures of its consumer businesses across Mexico, Asia and Europe are aligned with the repositioning of its consumer operations to focus on wealth centers globally as well as payments and lending and a targeted retail presence in
01/12/2022
Bank of America slashes fees for account overdrafts
Bank of America minimum wage: Bank of America to boost minimum wage to $25 an hour for its employees by 2025
12/29/2021
First Northern Joins Alloy Labs to Advance Local Banks
“First Northern Bank looks forward to its launch of CHUCK in the first quarter of 2022. The members of Alloy Labs Alliance are committed to dispelling the myth that community banks can’t be cutting edge,”
12/22/2021
BNP Paribas reached an agreement with BMO for the sale of Bank of the West
The Transaction is expected to formally close during the course of 2022, upon customary condition precedents
11/30/2021
Athene and Apollo to Acquire Majority Stake in Fast-Growing Consumer Lending Platform Aqua Finance at Valuation of Approximately $1 Billion
Blackstone to Maintain Minority Investment in Aqua Finance Specialist Platform on Track to Originate $2 Billion of Loans in 2021
11/15/2021
BNP hires advisers to explore $15 billion Bank of the West sale
Discussions are still at an early stage and no deal is certain, they said.
11/11/2021
Oakworth Capital Bank - 'Best Banks to Work For'
"Something special is happening here at Oakworth. We are building a world-class organization and our associates are the key driver of our performance and growth-driven culture,"
10/29/2021
BofA launches Account Validation service
With fraud on the rise, companies can no longer make assumptions about whether the person or entity on the other end of a payment is who they say they are.
10/29/2021
FV Bank prep crypto-linked Visa card programmes
The new card issuing capability represents an evolution of FV Bank’s vertically-integrated product suite
10/22/2021
American Express Reports Third-Quarter Revenue of $10.9 Billion and Earnings Per Share Of $2.27
Total revenues net of interest expense were $1.3 billion, up 28 percent from $1.0 billion a year ago. The rise reflected an increase in network volumes compared to the prior year.
10/21/2021
Ally Financial reports third quarter 2021 financial results
Enters into a definitive agreement to acquire Fair Square Financial
10/14/2021
Wells Fargo Reports Third Quarter 2021 Financial Results
The financial results are available online.
10/07/2021
Regions Bank’s Kate Danella and Amala Duggirala Recognized by American Banker Magazine
Over the past 18 months in particular, they have worked collaboratively to address the most pressing customer needs created by the COVID-19 pandemic