JACKSONVILLE -- Barnett Banks Inc. is the latest bank to offer its customers a Visa check card. Currently, there are 16.5 million Visa check cardholders in the United States. The $38 billion asset bank, which named its program the Barnett SuperCard Check Card, introduced its automated teller machine card to 860,000 checking account customers in Florida and Georgia. Barnett Banks, the largest financial institution in Florida, is initially targeting 31 of its 615 banking affiliates.
-
The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.
2h ago -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
5h ago -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
11h ago -
Lawmakers including one of the original sponsors of the Corporate Transparency Act have filed an amicus brief in the appeal against an Alabama court ruling that the law is unconstitutional, which would throw into question Treasury's newly-established beneficial ownership structure.
April 23 -
The Connecticut bank —a regional traditionally regarded as a cautious lender — said nonperforming loans and leases rose 53% year-over-year. The uptick was in mostly the commercial-and-industrial loan space, although there was one nonperforming commercial real estate loan, executives said.
April 23 -
The two regional banks are anticipating that borrower demand will increase in the back half of the year. High interest rates and economic uncertainty have been muting the appetite for borrowing.
April 23