Sovereign Bancorp said it will install 60 automated
The ATMs will eventually dispense postage stamps and loan applications
Sovereign will charge noncustomers $1 per transaction, and it will offer
Bank of New York Mellon recorded another quarter of higher-than-expected revenue and earnings. Revenue for the third quarter rose 9% year over year, while earnings per share beat Wall Street's forecast by 12 cents.
During cybersecurity awareness month (October), financial institutions have ramped up education on phishing, fraud and cyber hygiene. Here's what they're saying.
PNC CEO Bill Demchak said Wednesday that regulatory processes and enforcement actions take up half of the time that the company's board spends together. Those rules are on deck for a makeover.
Amid a surge in bank mergers, Citizens CEO Bruce Van Saun said the Providence, Rhode Island-based bank is largely focused on organic growth. "It would have to be a pretty high bar for us to go down that path," he said.
New research from American Banker finds that financial institutions are asking about ROI, infrastructure costs and compliance burdens.
America's second-largest bank revised its net interest income target upward after what analysts called a "clean" third quarter.
