Michigan National Bank has added two equity portfolios to its
The additions-a small capitalization fund and an international fund-
The Small Cap Fund will invest in companies culled from the Standard &
The International Fund will invest in stocks listed on exchanges in
Mr. Stapleton said the International Fund has been in the works for some
The addition of the funds brings to three the number of equity funds
The top five banks and thrifts have combined total assets of nearly $13 trillion.
Brendon Falconer, finance chief of the Indiana company since 2019, faces felony child molestation charges. But CEO James Ryan says management is focused on the CapStar integration and organic growth.
The banking-as-a-service middleware provider will be acquired by TabaPay. Other middleware providers may be forced to evolve or face the same fate.
Institutions and their investors are facing pressure from climate activists, cautiously awaiting interest rate cuts and adjusting to new Federal Reserve and FDIC policies.
A new Citizens Bank survey suggests rising check-fraud incidents are driving middle-market companies to accelerate plans to fully adopt digital payments. But 70% of all businesses will continue to rely on checks for years to come, according to recent data from the Association for Financial Professionals.
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
