Deutsche Bank will close a “mid-double-digit number” of smaller branches in Germany while adding new formats and technologies. The bank will negotiate the changes in...
Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. BMO, Truist Financial and MT&T Bank...
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. “We need strong and robust banks so that companies can tackle...
Financial technology provider CSI acquired overdraft management software firm Velocity Solutions. “Our customers rely on us to provide the advanced tools and software that drive...
America’s largest bank is increasing its expansion efforts outside the U.S. J.P. Morgan Chase is hiring bankers in cities like Stockholm and Copenhagen to expand...
For every fragmented ecosystem, there’s a digital innovation being built and scaled to streamline it. The global syndicated loan market, a $7 trillion-plus industry where...
For the banks, the urge to merge may get held up by regulators — who’d formerly been using decades-old guidelines by which to judge the...
Wells Fargo has introduced specialized application programming interfaces (APIs) tailored for its commercial banking clients. “Our new APIs provide clients real-time, on-demand information so they can...
The Federal Deposit Insurance Corp. (FDIC) has proposed a rule that would strengthen recordkeeping for bank deposits received from third party, non-bank companies that accept those...