Commercial Banking

Lloyds Forms Direct Lending Partnership With Oaktree Capital
Lloyds Forms Direct Lending Partnership With Oaktree Capital
July 18, 2024  |  Partnerships

Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt...

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Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
July 15, 2024  |  Earnings

Goldman Sachs’ GreenSky sale is in the rearview mirror and its pivot from Main Street banking is ongoing. Its latest earnings results, released Monday (July...

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Citi Names Barclays Vet James Morris as UK Commercial Banking Head
Citi Names Barclays Vet James Morris as UK Commercial Banking Head
July 15, 2024  |  Personnel

Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected...

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Regions Bank Launches Digital Payments Solution Powered by BILL
Regions Bank Launches Digital Payments Solution Powered by BILL
June 12, 2024  |  B2B Payments

Regions Bank has launched a new digital payments solution designed to streamline payment and billing processes for its commercial clients. Powered by BILL’s financial operations...

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Georgia-Based Pinnacle Bank Adopts CorServ Credit Card Program
Georgia-Based Pinnacle Bank Adopts CorServ Credit Card Program
June 03, 2024  |  Partnerships

Georgia-based Pinnacle Bank has tapped CorServ to launch a credit card program for commercial, business and consumer customers. The bank transitioned from its previous Agent Bank program...

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KeyBank Launches Virtual Account Management Solution for Treasury Clients
KeyBank Launches Virtual Account Management Solution for Treasury Clients
May 07, 2024  |  Banking

Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. The new Key Virtual Account Management (KeyVAM) solution is designed...

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Scotiabank Names Travis Machen to Head Global Markets Unit
Scotiabank Names Travis Machen to Head Global Markets Unit
April 30, 2024  |  Personnel

Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on...

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JPMorgan Chase Combines 3 Lines of Business Under Global Banking
JPMorgan Chase Combines 3 Lines of Business Under Global Banking
April 04, 2024  |  Personnel

JPMorgan Chase has announced a new organizational structure for its Global Banking (GB) business. The GB business now brings together the bank’s Commercial, Corporate and Investment...

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Synovus Launches ‘Future-Proof’ B2B Payments Solution
Synovus Launches ‘Future-Proof’ B2B Payments Solution
April 03, 2024  |  B2B Payments

Synovus, a bank with branches in Georgia, Alabama, South Carolina, Florida and Tennessee, has launched a new B2B payment solution that gives its commercial banking...

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