Category: Corporate banking

Activity, Channels, Corporate banking

Union Bank & Trust Names Ring EVP, Commercial Banking Group Exec

September 15, 2017

Via: ABF Journal

Union Bank & Trust named David V. Ring executive vice president and Commercial Banking Group executive. Ring was most recently executive vice president and executive managing director at Huntington National Bank leading its middle market, university, non-profit and Huntington Business […]

Activity, Corporate banking

American State Bank Adds Two Commercial Lending Officers

September 12, 2017

Via: ABF Journal

American State Bank added Todd Tutt and Richard Solomon as senior vice presidents, Commercial Lending. Tutt and Solomon will serve the Tyler, TX area’s commercial clients, providing customers with swift, local decisions for the full suite of consumer and commercial […]

Activity, Corporate banking

A key Fed official just admitted the central bank got inflation wrong and so it may delay a hike

September 6, 2017


Fed unlikely to hike rates this year: Clearnomic’s James Liu Fed unlikely to hike rates this year: Clearnomics’ James Liu  Fed unlikely to hike rates this year: Clearnomic’s James Liu Fed unlikely to hike rates this year: Clearnomics’ James Liu […]

Activity, Business banking, Corporate banking, Products

Ondot Systems unveils card control integration platform

August 22, 2017

Via: Banking Technology - News

Card control firm Ondot Systems has released its multi-interface card control integration platform. The California-based company has combined a server-side API, mobile apps, and an HTML5 framework to give financial institutions (FIs) the ability to add card control technology to […]

Activity, Corporate banking

Wells Fargo Axes 70 Senior Managers in Retail Following Accounts Scandal

July 31, 2017

Via: TheStreet

Wells Fargo & Co’s (WFC) new head of retail banking Mary Mack announced plans to cut about 70 senior executive jobs as the bank attempts to recover from its 2016 fake accounts scandal, Bloomberg reported. Wells Fargo will reduce the […]

Activity, Corporate banking

Who’s making the bank deals?

July 26, 2017

Via: Banking Exchange

Long-term relationships helped propel a few investment bankers to the top of the bank and thrift lead banker rankings in the bank space in the first half of 2017. With only a handful of multibillion dollar deals surfacing in the […]

Activity, Corporate banking

Bloomberg: Despite the Rules, Top U.S. Banks Close to Profit Record

July 23, 2017

Via: ABF Journal

Bloomberg reported the nation’s top 10 banks collectively made $30 billion in the second quarter of this year, only a few hundred million short of the record that was set in the second quarter of 2007. Bloomberg noted the financial world was […]

Activity, Corporate banking

Citigroup Said to Open Frankfurt Hub as Banks Consider Post-‘Brexit’ Moves

July 20, 2017

Via: The New York Times

Score one for Frankfurt. With Britain locked in negotiations with the European Union over their post-“Brexit” relationship, the financial companies that dominate London’s economy have forged ahead, eager to ensure they can continue to serve clients across the Continent. That has set […]

Activity, Corporate banking

U.S. Bancorp beats 2Q profit forecasts

July 19, 2017

Via: Yahoo

U.S. Bancorp (USB) on Wednesday reported second-quarter profit of $1.5 billion. The bank, based in Minneapolis, said it had earnings of 85 cents per share. The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks […]

Activity, Corporate banking

Banks and fintechs must revise expectations

July 17, 2017

Via: Banking Exchange

As customers, competition, and regulations intensify with every new technological advancement, banks and fintechs must reinvent their relationships with each other. This will involve entirely new approaches to regulatory development and vendor-bank agreements. In many organizations, basic cultural changes from […]