Managers of Wealth Americas

Truist reports first quarter 2022 results

The first quarter was a historic one for Truist as we completed our largest conversion event, transitioning nearly seven million clients to the Truist ecosystem

BMO joins leading US banks in support of Ownership Works, to help create wealth for working families through employee ownership programs

Ownership Works and founding partners to advocate for and implement employee ownership programs that create economic opportunity for working families, advance racial equity, enhance employee engagement and build stronger companies

Trustmark National Bank Enters Agreement to Sell Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi

"This transition supports our focus on strategic initiatives that will help our company grow, become more efficient and serve our customers with new and innovative products and services as we move forward,"

M&T Bank Corporation and People's United Financial, Inc. Announce Transaction Close Date for Merger

Customers will continue to be served through their respective M&T and People's United branches, websites, mobile apps, financial advisors, and relationship managers until systems conversion is complete, which is expected to occur in the third qua

HSBC 'not looking to acquire' Citi's Mexico consumer bank

Citigroup announced in January it would put Banamex up for sale as part of Chief Executive Jane Fraser's plan to simplify the bank's operations.

National Bank posts 22% jump in first-quarter profit, announces CFO change

The Montreal-based bank announced that Ghislain Parent, who has been CFO for more than a decade, is moving to a new role as executive vice-president of international

American Express Provides Update on Return-to-Office Plan for Colleagues in New York

During the soft launch phase in New York, we are encouraging colleagues in hybrid roles to come into the office at least one day a week.

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.

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. “

American Express Fourth-Quarter Revenue Increases 30%

Fourth-Quarter Earnings Per Share Was $2.18, With Full-Year EPS of $10.02

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

Regions Financial records record performance

Generates highest pre-tax pre-provision income on record.

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

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

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

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

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,”

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

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

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.

Retail Banking