SAN BERNARDINO, Calif. - (03/10/05) -- Arrowhead CU said it signed withIndependent Financial Marketing Group Inc. to provide its memberswith investment advisory and brokerage services. The deal will givemembers of the $850 million credit union the opportunity to buymutual funds, stock and bonds and insurance products through IFMGregistered broker-dealer, IFMG Securities Inc. IMFG is based inPurchase, N.Y., and provides investment servcies for a number ofcredit unions, banks and thrifts.
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Visa is introducing a premium service to the Middle East, and Lloyds Banking says its cash protection product is showing results. Plus, Brex teams up with Doordash and more in the American Banker global payments and fintech roundup.
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A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.
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Each year, American Banker chooses five teams that embody the spirit of collaboration and illustrate how teamwork can have a substantial impact on a bank's top and bottom lines.
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The goal of the regional banking team members is to partner across their respective business lines or service areas to bring in more clients to BofA and to better serve existing clients.
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Led by chief SBA lending officer Anna Chung, the team oversees Hanmi's Small Business Administration lending operation, a longstanding component of the $7.8 billion-asset company's business model.
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Led by Jennifer Warren, who serves as the head of Wilmington Trust, the teamwork resulted in over $2 billion in revenue expansion for the institutional client services division.
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