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Here are 10 banks the investment banking firm KBW says are ripe M&A targets because they are in hot markets, face various growth challenges that make them vulnerable or have private-equity owners looking to cash out.
June 8 -
Stuart Scott was apprehended at the request of the American government as part of a probe into foreign-exchange-trading practices.
June 8 -
Bill would replace much of Dodd-Frank but is unlikely to become law; online retailer is expected to expand Amazon Lending program to small businesses in the U.S., U.K. and Japan.
June 8 -
Iowa Governor Kim Reynolds has announced Kim Averill as the new head of the Iowa Division of Credit Unions, replacing retiring JoAnn Johnson.
June 7 -
Keeping up a long-running trend, the number of federally insured CUs declined to 5,737 in Q1 2017 from 5,954 in Q1 2016.
June 7 -
Two credit unions tap new seconds-in-command and more new hires, accolades and promotions.
June 6 -
Citizens Financial is going out of market to find midsize businesses in need of credit or advisory services in uncertain times. It is a good example of the resiliency that regional banks are showing amid softer loan demand, Washington gridlock and still-low interest rates.
June 6 -
he $640 million credit union is conducting a nationwide search for a successor to John Walling, who will retire July 31.
June 6 -
Mackinac Savings Bank is the first bank acquisition for IBM Southeast Employees’ Credit Union.
June 5 -
Retailers can use the power of AI and predictive analytics to anticipate shoppers’ needs, writes Denise Purtzer, a vice president at FuturePay.
June 5
FuturePay -
A recent colloquium from the Filene Research Institute and UC Irvine explored the intersection between fintech and credit unions, and how millennials might utilize both.
June 2 -
More than half of the company's loans and deposits would be in the Atlanta area after it buys Resurgens Bancorp.
June 2 -
Bankers have no shortage of practical expertise to offer customers, but their failure to make an emotional connection with clients could be hurting their retention efforts.
June 2
Psyma International -
Citigroup joined B of A and JPMorgan in predicting double-digit declines for second-quarter trading revenue. The situation adds to the many revenue challenges facing banks.
June 2 -
Business are still reluctant to automate payments and billing, though that can hurt companies financially, writes Daniel Andrew, a vice president at Corecentric.
June 2
Corecentric -
Wells Fargo's David Carroll, who had pay clawed back after the bank's fake-accounts scandal, will retire and be succeeded by Jonathan Weiss as wealth and investment management chief.
June 1 -
Even with her name recognition, the star of films like “Fantastic Four” and “Little Fockers” struggled to get funding to start The Honest Co. She shared her experiences during an event hosted by American Express.
May 31
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How do the top-performing banks continue to post double-digit returns, despite having the same serious profit-dampening challenges as their peers? The answer isn't exactly straightforward.
May 31
Capital Performance Group -
Want to make your bank a top performer? Spending can be a more effective strategy for success than cost cuts, if done smartly. That’s the lesson from banks with $2 billion to $10 billion of assets. ranked here by three-year average returns on equity.
May 31 -
The company will record a $300 million charge to cover the elimination of three data centers and book $125 million in broader severance costs.
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