01/22/2019
Bank of America embarks on corporate banking tech modernisation
Elsewhere in the US, Discover Financial Services, Marcus (a digital lending platform from Goldman Sachs) and Eastern Bank are also on the Finacle user list.
Retail Banking
01/22/2019
Wisconsin banks announce plans to merge
The $178 million-asset Greenwoods did not disclose the price it will pay for the $92 million-asset Fox River.
01/11/2019
Liberty's retiring CEO still on the job
The bank issued Thursday a formal statement that said Howard "has generously agreed to continue his role at Liberty Bank until a successor has been selected."
12/06/2018
Cambridge Bancorp and New Hampshire-based bank to merge
The transaction is presently valued at approximately $67 million in the aggregate, based upon Cambridge Bancorp’s closing price of $85.61 as of December 4, 2018.
12/03/2018
Widgery Thomas Jr., retired banker, yachtsman, runner dies at 94
Survivors of the longtime Portland resident remember him as a selfless gentleman.
11/29/2018
CIBC earnings rise on retail banking and wealth management
Earnings per share, excluding one-off items, rose to $3.00. Analysts had, on average, forecast earnings per share of $3.04, according to IBES data from Refinitiv.
10/23/2018
HSBC U.S. Partners With Web-Based Avant to Offer Personal Loans
By adding personal loans to our expanding product suite, we’re meeting the needs of today’s consumers who want a safe, fast and easy way to borrow money online.
10/10/2018
Exchange Bank Announces the Acquisition of First Northern Bank’s Asset Management & Trust Services Division
We are very happy to welcome First Northern Banks well-respected officers to our team of experienced professionals.
10/05/2018
Spanish bank with Venezuelan ties to open Miami branch
The Federal Reserve issued an order approving the establishment of a Miami branch on Friday, September 28.
10/04/2018
German digital bank launches in Britain, sets sights on U.S.
Since its launch in 2015 N26 has grown to have 1.5 million customers across eighteen markets in Europe including its home base of Germany
10/03/2018
Santander's Botin Keeps Calm as Brazil's Divisive Election Looms
Brazil heading to elections on Sunday with economy in tumult
09/18/2018
African Development Bank: The status quo must change.” - Adesina tells FinDev Canada conference in Montreal
Launched six months ago, FinDev’s mandate is to support the growth and sustainability of businesses in developing markets
09/05/2018
Citi wins tender to buy Israeli government's Bank Leumi stake
Nearly 89 percent of Leumi trades on the Tel Aviv Stock Exchange.
08/27/2018
Wells Fargo to lay off 638 jobs in mortgage division
Of the 638 job cuts, 137 will be concentrated in Orlando.
08/21/2018
Israel’s Bank Leumi Eyes Growth as U.S Tax Probe Rankles Rivals
Leumi settled its investigation by paying a $400 million fine in December 2014—an amount that will likely pale in comparison to the penalties Israel’s two other large lenders will end up paying.
08/14/2018
JPMorgan to Shut Investment Accounts for Foreign Retail Clients
JPMorgan’s private-bank clients won’t be affected, the people said.
07/20/2018
Webster Reports Second Quarter 2018 Earnings
Adjusting for $7.2 million related to an accrual for deposit insurance assessments for periods prior to 2018 and $1.4 million of banking center optimization expenses, earnings per diluted share would have been $0.92.
07/19/2018
European Challenger Bank invests in US consumer loans
This loan purchase programme was implemented by Fintex Capital
07/16/2018
Bank of America beats, profits climbs 33%
Solid operating leverage and client activity drove earnings higher this quarter
07/05/2018
HSBC Bank Canada looking to boost retail presence after mortgage blitz
The country's seventh-largest lender has been undercutting of other major banks with a five-year, 2.39-per-cent variable mortgage rate and wants to expand