JPMorgan exits Mexico private banking, refers clients to BBVA


JPMorgan Chase is shutting its private banking business in Mexico, according to people with knowledge of the matter, as wealthy clients in some of Latin America’s largest economies move their money to international financial capitals.


What banks, fintechs can learn from Simple’s rise and sudden death


BBVA’s acquisition of Simple, the first neobank, was closely watched as a possible model for others in the industry. But the shutdown last week of Simple has again stirred a debate about whether upstarts and traditional players can ever fit together.


BBVA USA shuts down neobank Simple


The decision to shutter the digital bank comes just weeks after BBVA USA announced it was selling itself to PNC Financial Services Group for $11.6 billion.


Why PNC spent its war chest on BBVA


The Pittsburgh company is using its BlackRock windfall to execute a familiar script: buy an underperforming bank, cut costs and strengthen ties with commercial clients.


PNC buying BBVA USA for $11.7 billion


The deal would rank among the biggest bank combinations since the financial crisis, creating a coast-to-coast franchise with about $563 billion of assets and branch presence in 29 of the nation’s 30 largest markets.


PNC reportedly in talks to buy BBVA's U.S. operations


The deal, if announced, would be among the biggest bank mergers since the 2008 financial crisis and would push PNC above $560 billion in assets.


BBVA and Prosper partner to offer digital home equity lines


The two companies first started collaborating last year, but now BBVA has white-labeled Prosper’s technology on its own website.


Banks model site search upgrades on Google


BBVA and U.S. Bank are fine-tuning the search functions on their sites and apps to improve navigation, sales and customer retention.


Google checking accounts: Why banks want in


The marketing and tech-sharing opportunities for Google's eight financial institution partners are captivating despite the risk of data privacy or other issues cropping up down the road.