How 5G could shape the future of banking
Leaders in bank innovation have ideas for improving financial services with high-speed, highly responsive 5G networks — ideas they say could be implemented relatively quickly. ... Read full article
Leaders in bank innovation have ideas for improving financial services with high-speed, highly responsive 5G networks — ideas they say could be implemented relatively quickly. ... Read full article
The Minneapolis bank will open about 10 branches in North Carolina's largest city by the end of next year, adding to already intensifying competition among big banks. ... Read full article
EO Andy Cecere acknowledges that other banks have tried to broaden customer relationships and selectively expand into new markets before and struggled. But the sophistication of today’s online and mobile services could make all the difference this time, he ... Read full article
KeyBank is deploying new technology designed to improve the online and mobile banking experience as well as guide the conversations branch employees are having with customers. The move comes on top of steps to modernize its IT infrastructure. ... Read full article
The nation's largest bank plans to open 90 new branches in new cities this year while continuing its expansion in the Philadelphia, Boston and Washington markets. ... Read full article
The personnel changes are part of a broader shift to boost personal banking at the Chicago bank as commercial banking has typically outpaced retail. ... Read full article
Bank of Princeton will also buy $190 million in deposits as part of the deal. ... Read full article
The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years. ... Read full article
Associated Banc-Corp in Green Bay, Wis., said Wednesday that it will close 17 branches as part of a previously announced deal to buy 32 branches from Huntington Bancshares. ... Read full article
JPMorgan Chase’s planned expansion into more than a dozen new markets threatens community banks and larger institutions alike. ... Read full article
As head of Santander Bank’s retail network, Colleen Clancy will be in charge of more than 600 branches and over 4,100 employees across eight states. ... Read full article
The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most the the closures will take place in Pennsylvania. ... Read full article
Associated will gain low-cost deposits and branches in 13 new markets after the deal closes. ... Read full article
Balances from the 52 branches Flagstar bought from Wells Fargo fell by 22% between the deal's announcement and closing, forcing the Michigan company to adjust the math for earning back tangible book value. ... Read full article
Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union. ... Read full article
Christopher Kay will oversee the Buffalo, N.Y., bank's branch and ATM networks as well as development of products and services that seek to mimic the cutting-edge offerings of other industries. ... Read full article
Silvergate is selling the branch to focus more on fintech deposits and specialty lending. ... Read full article
Prosecutors are unlikely to buy Goldman's rogue banker defense, observers say; survey predicts recession within two years. ... Read full article
The company is selling 14 branches, including several around Chattanooga, Tenn., and its mortgage business to FB Financial so it can focus on its Atlanta operations and national lending businesses. ... Read full article
The Dallas bank inherited the five Bank of the Hills branches when it acquired Sterling Bancshares in 2011. ... Read full article