Managers of Wealth Americas

RBC Wins Prestigious Retail Banker International Award

The annual RBI Awards are a well-established global competition and highly regarded within the industry as a mark of exceptional performance.

Citic may give up US bank branches

The main restructuring involves injecting $37bn of assets from China into Citic’s Hong Kong listed unit, Citic Pacific.

Banks moving away from bricks and mortar

Florida banks shut the doors on 168 branches last year, the most in any state.

RBS's US business files for $100m IPO

Citizens is expected to increase that amount substantially once bankers start testing investor demand.

First American Bank and Bank of Coral Gables Announce Merger

First American Bank, headquartered in Elk Grove Village, IL with 49 branches throughout the Chicago metropolitan area and assets of $3.4 billion, has announced a merger with the Bank of Coral Gables, a community-based bank located in Coral Gables, FL.

SunTrust Reports First Quarter 2014 Results

Continued Loan Growth, Disciplined Expense Management, and Asset Quality Improvements Help Drive Solid Results

Over half of retail banking executives think non-traditional financial services providers are a threat to traditional banks - PwC

The remainder (46%) see smaller banks capturing share through increasing differentiation. Executives are also divided as to the threat posed by non-traditional new players: while 55% believe they pose a threat to traditional banks, 31% believe they presen

CITBA Financial Corporation Terminates Merger Transaction

CITBA Financial Corporation Mooresville, IN, the bank holding company of Citizens Bank, today announced that it had elected to terminate the proposed merger transaction between CITBA and its bank subsidiary and Merchants Bancorp, of Carmel, Indiana, and i

Citizens Business Bank and American Security Bank Announce Acquisition Agreement

Deal strengthens Citizens Business Bank's core franchise in Southern California.

First Niagara Earns Top Honors for Overall Satisfaction, Relationship Manager Performance and Treasury Management

First Niagara Financial Group racked up four national awards and several regional honors in the 2013 Greenwich Excellence Awards for Small Business and Middle Market Banking.

Shake up retail branches with franchise model?

The franchise model can turn the top-down corporate model upside down, since franchisees may actually become aggressive critics of how their customers are approached, with little patience for ineffective internal procedures.

Israel Discount Bank calls off sale of N.Y. unit

Israel's third-largest bank may try to meet 2015 capital adequacy ratio target by selling Discount Bank Latin America or issuing new shares

To sell more, Bank of America turns to existing clients

Bank of America Corp is trying to solve one of the most difficult problems that big banks face: convincing reluctant employees to sell more products to current customers, who are themselves reluctant to buy them.

M&T Bank posts disappointing fourth-quarter earnings

M&T is under directives from the Federal Reserve to improve its anti-money laundering systems in order to gain approval for its acquisition of Hudson City Bancorp.

Fed Approves China’s Wing Lung Bank for Expansion in California

Wing Lung plans to establish a San Francisco branch and upgrade its existing office in Alhambra

JPMorgan looks at sale of prepaid card business

The bank’s UCard is used for programs such as food stamps, unemployment benefits and tax refunds. Corporations use UCard to pay workers who don’t have checking accounts.

Bank of the West Will Still Offer Interest-Only Loans Post QM

The bank said it reviewed its underwriting criteria to ensure that borrowers have the ability to repay the loan once the interest-only period has expired.

Signature Bank Named Second Best Bank in America by Forbes

Bank's Position on List Advances for Fourth Consecutive Year;Other Industry Accolades Earned

Fraud fallout: Chase imposes debit card limits

Chase customers will be limited to withdrawing no more than $100 a day from ATMs on the affected debit cards.

Wall Street Banks Offer $3 Billion of CMBS to Extend Sales Surge

Banks from JPMorgan Chase & Co. to UBS AG are marketing $3 billion of commercial-mortgage bonds amid a rush to refinance commercial-property loans.

Retail Banking