Managers of Wealth Americas

FV Bank prep crypto-linked Visa card programmes

The new card issuing capability represents an evolution of FV Bank’s vertically-integrated product suite

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.

Ally Financial reports third quarter 2021 financial results

Enters into a definitive agreement to acquire Fair Square Financial

Wells Fargo Reports Third Quarter 2021 Financial Results

The financial results are available online.

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

LA-Based Banks Outpace National Banks in Profits

First Credit Bank in West Hollywood is the most profitable bank in Los Angeles County.

BofA Global Research Launches Coverage of Digital Assets

Digital assets represent a $2 trillion+ market value with 200 million+ users, and have the potential to transform every industry by improving efficiency and reducing friction across transactions.

Wells Fargo delays return-to-office initiative for third time to Jan. 10

Initially, employees were told July 16 that the return-to-work date would be Sept. 7. Less than a month later, the bank shifted the launch date to Oct. 4.

BancPlus Corporation Announces Acquisition of First Trust Corporation

Subject to the terms of the merger agreement, First Trust Corporation shareholders will receive shares of BancPlus’ common stock and cash consideration for each outstanding share of First Trust Corporation common stock.

Wells Fargo and Mastercard invest in Bilt rewards programme for renters

"In the same way airlines and hotels have created loyalists through their rewards programs over the last several decades"

MUFG Mulls Sale of U.S. Banking Arm

Smaller U.S. banks have been exploring mergers to complete with larger rivals and fintech companies, and overseas banks with U.S. operations are exploring their sale to benefit from higher acquisition prices.

First National Bank Named a Pittsburgh Area Top Workplace for the Eleventh Consecutive Year

Receives Special Award for Its Supportive Managers Based on Employee Feedback

Canadian Imperial Bank's US Commercial Banking, Wealth Management Support 3Q Profit Rise

Adjusted earnings were C$3.93 a share, beating analyst expectations of C$3.40 a share taken from FactSet.

National Bank reports $839M third-quarter profit, beats expectations

Analysts on average had expected a profit of $2.13 per share, according to financial market data firm Refinitiv.

Five Star Bank Officially Opens its Relocated Branch in Elmira

Five Star Bank has served Elmira since 2012 when it acquired the former HSBC branch at 150 Lake Street.

M&T Bank Corporation and People's United Provide Update on Pending Merger

Continue to engage with stakeholders to outline growth opportunities and other benefits to customers, local communities and employees

American Express Reports Second-Quarter Revenue of $10.2 Billion and Earnings Per Share of $2.80

The results reflected the impact of $866 million ($658 million after tax) in credit reserve releases

JPMorgan makes Brazilian retail banking debut with 40% stake in C6 Bank

JPMorgan Chase has taken a 40% stake in Brazilian digital bank C6, marking its retail banking debut in one Latin America's most hotly contested markets.

LPL Financial Welcomes CUNA Brokerage Services, Inc. to Its Institution Services Platform

With approximately $36B in client assets served by 550 advisors across almost 300 credit unions, CUNA Brokerage Services, Inc. will be one of the largest clients to join the LPL Financial platform

Signature Bank Is Doing Really Well. And It's Going to Do a Whole Lot Better

The bank had a great year in 2020 and is off to a great start in 2021. Once it can deploy more of its excess liquidity, it's really going to generate some exceptional returns.

Retail Banking