Branch banking

First Horizon to buy 30 branches as part of BB&T-SunTrust divestiture

11/08/19

BB&T and SunTrust had to sell the branches to get Justice Department approval, marking a big step towards closing their merger.

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Daley reunites with Scharf at Wells; Capital One demotes cybersecurity chief

11/08/19

The two previously worked at BNY Mellon in similar roles, Scharf as CEO and Daley as head of public affairs; Michael Johnson’s demotion follows the bank’s massive data breach in July.

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Be on point when you’re at a turning point

11/07/19

Clear communication is critical when banks undergo a leadership or operational change.

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Citigroup says it's open to expanding bank-branch footprint

11/06/19

The bank is open to adding branches in cities where it has a high population of cardholders and where its largest co-brand card partners are based, Anand Selva, head of the lender's U.S. consumer unit, said.

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Michigan bill would bring DMV services to the branch

11/04/19

Credit unions and banks in the Great Lakes State could soon offer driver's license renewal and related services.

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Outdated policies frustrate banks' deposit-gathering efforts

11/01/19

Panelists at the ABA's annual conference said that reviewing and updating procedures and marketing tactics can help bring in more accounts.

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City National bolsters its East Coast presence

10/24/19

The Los Angeles bank is taking its wealth management and entertainment financing businesses to Miami and Long Island as part of its effort to expand nationally.

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U.S. Bank to cut thousands of branch workers in digital push

10/22/19

U.S. Bancorp is eliminating thousands of branch workers as it adjusts to changing customer preferences, according to a person briefed on the decision.

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Banks try new tack in clash with credit unions over military bases

10/16/19

Bank groups that lobbied unsuccessfully for the rent waivers credit unions receive now back a bill that would create equal rates for both industries.

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Why big banks keep raking in deposits

10/16/19

They’ve long used their marketing muscle to wrest deposit share from smaller competitors. Now, amid growing concerns that the economy is weakening, they could be benefiting from consumers’ flight to safety.

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