Scottrade Inc. said it will open its first South Dakota branch.
The Sioux Falls site, scheduled to open Dec. 2, will give Scottrade branches in 48 states, Scottrade said last week.
Investors will be able to open and fund accounts and learn about online trading at branch.
Scottrade opened its first branch in 1980 and now has more than 375.
There were some intriguing ideas at the event, but whether they'll take off remains to be seen.
New York's attorney general announces MoneyGram will pay a civil fine to settle a lawsuit over its handling of remittance payments; Swedish buy now/pay later lender Klarna is getting into the telecom business; Truist Financial has hired Charles Alston to lead its new nonprofit hospital, higher education and government banking team; and more in this week's banking news roundup.
Deputy Treasury Secretary Michael Faulkender says Basel capital rules need to fit the U.S. economy and avoid discouraging banks from lending.
From AI to crypto to the fraud fight, the industry is rapidly evolving; these young companies are looking to take advantage.
Lipkin, who built Valley National Bancorp from a small community bank into a regional institution with 200 branches in four states, passed away this week at age 84.
Financial markets were shaken but not stirred this past spring, according to the Federal Reserve, as swinging stock prices and bond yields did little to bring down elevated asset prices or leverage.
