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First Horizon commits part of TD breakup fee to local communities, Southern Security poised for huge membership growth, Marqeta faces layoffs and more in this week's banking news roundup.
May 12 -
The U.S. and other Western nations have imposed severe financial penalties against Russia. Will this boil over into other countries?
April 25 -
Looking past the recent U.S. banking turmoil, Sumitomo Mitsui Financial Group aims to accelerate its North American expansion plans.
April 3 -
The arrangement is designed to benefit commercial clients of both banks that operate on multiple continents. The companies reached the arrangement as part of the recent sale of Bank of the West.
February 22 -
The Korean American bank's leader talks about her expansion plans, what she learned from former bosses and how Koreatown, and the community, is changing.
December 15 -
Citigroup is seeing countries around the world roll into recessionary environments, with the U.S. economy on track to follow them in the second half of next year, Chief Executive Jane Fraser said.
December 7 -
German authorities raided Deutsche Bank's headquarters as well as the home of former co-CEO, Juergen Fitschen, as part of a vast investigation of the controversial Cum-Ex transactions that's embroiled some of the world's most powerful financial firms.
October 18 -
Mitsubishi UFJ Financial Group plans to accelerate lending to global funds and other institutional investors in the U.S., as it moves to overtake Goldman Sachs Group this year in loans syndicated in the world's biggest economy.
October 13 -
Royal Bank of Canada expects to gain more market share in the U.K. wealth management business in the years ahead, with its technological capabilities key to attracting clients.
October 12 -
American Express is ending a requirement that employees need to be vaccinated against COVID-19 to enter offices as virus cases decline globally.
October 5