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The company, poised to complete its purchase of Radius Bank, will enjoy new cross-selling opportunities, gain additional sources of fee income and capital as well as benefit from greater regulatory clarity, CEO Scott Sanborn says.
January 20 -
Citigroup will reduce bonuses for dozens of its top executives after the bank was reprimanded by regulators last year.
January 20 -
Hundreds of branches temporarily shuttered during the pandemic are now permanently closed.
January 20 -
The Illinois company has agreed to pay $191 million for the parent of Glenview State Bank.
January 19 -
Members of the Gunther family who own nearly a third of the company's stock are urging the board to consider strategic alternatives.
January 19 -
Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.
January 15 -
CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.
January 15 -
The Pittsburgh company intends to continue adding commercial offices and retail branches in markets it had been eyeing before agreeing to buy BBVA USA for $11.6 billion.
January 15 -
Diane Arnold, who will succeed the retiring Gregory Shook in July, has been with the bank since 2002. She is currently the chief lending officer.
January 14 -
The deal is a sign of further consolidation among Twin Cities-area credit unions, following another combination announced in May.
January 14