PYMNTS-MonitorEdge-May-2024

Commercial Banking

Banks ‘Kicking Can Down the Road’ on Commercial Property Loans
Banks ‘Kicking Can Down the Road’ on Commercial Property Loans
November 07, 2024  |  Loans

Double commercial property loan defaults are at their highest point in 10 years. And as the Financial Times (FT) reported Thursday (Nov. 7), this situation...

READ MORE >
HSBC Cutting Top Managers in $300 Million Savings Plan
HSBC Cutting Top Managers in $300 Million Savings Plan
October 10, 2024  |  Banking

Management ranks at banking giant HSBC could soon begin to thin. The Financial Times (FT) reported Thursday (Oct. 10) that sources familiar with the matter say new CEO Georges...

READ MORE >
Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
September 23, 2024  |  Banking

The Federal Deposit Insurance Corp.’s latest data on deposits shows just how bifurcated the banking industry is, in terms of the largest players, home to...

READ MORE >
Wells Fargo Debuts Specialized APIs for Commercial Banking Clients
Wells Fargo Debuts Specialized APIs for Commercial Banking Clients
September 17, 2024  |  Banking

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...

READ MORE >
Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
July 23, 2024  |  Banking

The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >