Consumer banking
Consumer banking
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HSBC Holdings has announced plans to shutter more than 100 of its U.K. branches next year as the bank pushes more of its customers to use its online services.
November 30 -
Central Pacific Bank, which has branches on the Big Island, is tracking the eruption of Mauna Loa in an effort to limit the risk of service interruptions. So far, the impacts appear to be limited.
November 29 -
Lenders that offer streamlined refinances in the future shouldn't be required to consider the borrower's income or employment status, according to the Mortgage Bankers Association. The trade group's comments were part of its response to a request for information on mortgage products that would support the financial stability of households.
November 29 -
Revelations about the failed cryptocurrency exchange FTX's inroads into the banking system raise important questions about how limited the crypto crash really is.
November 29 -
Totem is set to debut in early 2023 and will use its fresh infusion of cash to hire more staff.
November 29 -
Regions and PNC are two banks that have expanded the use of their mobile branches in recent years.
November 29 -
Royal Bank of Canada's planned acquisition of HSBC Holdings' Canadian unit would expand its lead in the country's heavily concentrated financial market, strengthening its dealings with companies and wealthy individuals, while potentially drawing scrutiny from regulators.
November 29 -
A group of investors led by Mexico's Banca Mifel and backed by the U.S. private equity giant Apollo Global Management are in talks with banks for about $2 billion of financing for their bid to buy Citigroup's Mexican retail unit Banamex.
November 29 -
Royal Bank of Canada agreed to buy HSBC Holdings' Canadian unit — the country's seventh-largest bank — for C$13.5 billion ($10 billion) in cash, expanding its roster of business clients and bulking up its retail presence on the West Coast as HSBC focuses on Asia.
November 29 -
The business development company, one of the top Small Business Administration 7(a) lenders, has been waiting since mid-2021 for regulators to sign off on its deal for a New York community bank. It hopes to get the final green light from the Office of the Comptroller of the Currency in time for a January closing.
November 28