Managers of Wealth Americas

Small Business Checkpoint: A case of the hiring hiccups

Overall small business hiring fell for the third consecutive month in July as cost pressures and business uncertainty increased.

Aqua Finance and Wells Fargo Inventory Finance Announce Retail Financing Program

Streamlines options for dealers by integrating retail financial services, provided by Aqua, and floor planning financing provided by Inventory Finance

RBC and BMO explore $2bn sale of Moneris payments business - Reuters

Banks have shed their payments operations in recent years; last month another Canadian lender, TD, agreed to offload part of its merchant processing business to Fiserv.

Scotiabank integrates with Nova Credit

Scotiabank was the first Canadian bank to partner with Nova Credit in 2023 and is now the first to embed this capability directly into its digital credit card application process.

First Financial expands US footprint with $142m BankFinancial acquisition

The deal follows First Financial's recent agreement in June to acquire Northeast Ohio-based Westfield Bank for $325 million.

Western Union to acquire Intermex

This acquisition strengthens Western Union’s retail offering in the U.S.

U.S Bank Marks 25 Years in Europe With Spotlight on Irish Origins, Innovation and Community Leadership

This marked the first step in what would become a decades long commitment to Ireland as a hub for talent, technology and transformation.

Mastercard and BMO Expand Remittance Services

The service is powered by Mastercard Move’s global money movement capabilities.

TBC Bank Named as Georgia’s Best Digital Bank

Euromoney also recognised TBC Bank for substantial enhancements in its financial markets research division through strategic integration of AI tools, awarding it the title of Georgia’s Best Bank for Research.

Rate cuts are the boost that retail investors are seeking right now

Interest in international markets continues to build.

U.S. Bancorp reports second quarter 2025 results

Net revenue of $7,004 million, an increase of 2.0% year-over-year, including an increase of 4.6% in fee revenue

CaixaBank issues USD 3 billion in its first triple-tranche transaction in the U.S. market

The bank has issued three senior non-preferred bonds of USD 1 billion each, with maturities of 11, 6, and 4 years, respectively, all with a call option allowing for early redemption one year prior to maturity.

TD Bank Announces Redemption of Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares, Series 7 (NVCC)

The redemption has been approved by the Office of the Superintendent of Financial Institutions.

Payments fintech Navro acquires first US licence

The technology is designed to address the various cross-border payments challenges currently faced by businesses in the US, such as the high transaction costs and lengthy timescales associated with Swift.

Citi keeps hiring Bank of America's treasury managing directors

Citi just recruited Alan Donald, BofA's head of treasury business initiatives and execution, into a similar role.

Citi needs new DCM bankers after Goldman Sachs’ curious hire

Citi may now need to do the same thing.

Metropolitan Commercial Bank Wins Prestigious "Editors' Choice" Award at the Banking Tech Awards USA

This distinction highlights MCB’s innovation in Digital Onboarding and Omnichannel Banking, reinforcing its position as a leader in financial innovation.

Forsaken Citi banker finds JPMorgan home as US banks add disgruntled talent. Best bank to work for in a financial crisis

Late last year, though, Giatrakos was shunted out of that role by Sid Punshi, the former co-head of the financial sponsors group for EMEA at JPMorgan.

Bank of Montreal tops profit estimates, US business shows signs of recovery

In the U.S., loan loss reserves were smaller compared to the prior quarter

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

Retail Banking