Regional banks

9 ways financial organizations are aiding battle against coronavirus

04/30/20

Funneling fees from emergency loans to feed the hungry. Supporting psychological counseling for health care heroes and financial advice for the poor. Backing retrofits of customer operations to produce protective gear for front-line medical personnel. Bankers and financial educators have tossed out the traditional playbook to help clients and communities in crisis.

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Fifth Third rethinks new-branch designs in light of coronavirus

04/21/20

The pandemic won’t halt the Cincinnati bank's plan to open about 100 branches in the Southeast, but features could be added to accommodate social distancing.

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First Horizon-Truist branch deal delayed due to coronavirus outbreak

04/21/20

First Horizon still plans to complete its merger with Iberiabank on time, CEO Bryan Jordan said during the Tennessee company's earnings call.

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Banks’ digital upgrade plans unshaken by coronavirus

04/19/20

Citizens, Regions and others say business investments initiated before the COVID-19 pandemic, including technology improvements and new consumer offerings, are on track.

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Deposits are rising. But will they stick around?

04/16/20

Consumers and businesses put more money in the bank as the pandemic worsened. How long the funds remain will depend on how quickly the economy recovers.

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What does the $600B middle-market rescue plan mean for banks?

04/09/20

Bankers say they’re still trying to figure out if the Fed’s complex loan-buying vehicles will help them cater to the needs of midsize commercial customers hammered by the economic shock from the coronavirus outbreak.

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René Jones is putting his own stamp on M&T Bank

04/02/20

Like his longtime boss and mentor, Bob Wilmers, Jones is deeply committed to investing in communities, controlling expenses and delivering value for investors. But he also has novel ideas for modernizing M&T, like doing away with its "permission culture," improving the customer journey and positioning it as a go-to bank for tech talent.

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Banks tolerate credit-line draws in coronavirus crisis — for now

03/26/20

Drawdowns on C&I credit more than quadrupled in a seven-day period ended March 25. Lenders may try to rein them in if the crisis drags out, but legal precedent isn’t on their side.

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Bank CIOs confront challenge of so many employees working at home

03/24/20

As companies move work off-site because of the pandemic, a host of issues have arisen around remote access, network monitoring and cybersecurity.

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Banks improvise annual meeting plans as pandemic worsens

03/24/20

The COVID-19 crisis is forcing many banks to hold their spring shareholder meetings online only.

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