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Category: Corporate banking


Activity, Corporate banking

Crypto bank Nebeus raises £1m funding

November 6, 2018

Via: Banking Technology

The platform, which is backed by “King of the Disruptors”, Brett King, has been doing pretty well. It was founded in 2014, but has been trading since 2017. Since that time it has transacted more than €34 million to date […]


Activity, Corporate banking

Citigroup, Like JPMorgan, Posts Higher Profit on Tax Cuts

October 12, 2018

Via: TheStreet

Citigroup Inc. (C) , the U.S. bank with the most sprawling international operations, said third-quarter profit rose 12% from a year earlier thanks to President Donald Trump’s steep cuts in corporate tax rates, even as revenue growth stalled. Net income […]


Activity, Corporate banking

JPMorgan Third-Quarter Profit Jumps on Tax Cuts as Trading Fees Fall

October 12, 2018

Via: TheStreet

JPMorgan Chase & Co. (JPM) , the largest U.S. bank, said third-quarter profit jumped 24% from a year earlier thanks to President Donald Trump’s tax cuts even as revenue in its juggernaut trading business slowed. Net income rose to $8.38 […]


Activity, Corporate banking

Pinnacle Financial Adds 23 Bankers in Four States

October 11, 2018

Via: ABF Journal

Pinnacle Financial Partners has expanded its four-state footprint by recruiting bankers from large regional and national competitors by recruiting 23 bankers with an average of 23 years of experience in Q3/18, including 10 C&I and private banking financial advisors. Of […]


Activity, Corporate banking

Good Economic News Continues to Roll In

October 8, 2018

Via: CNSNews.com

The good economic news continues to roll in. The Bureau of Labor Statistics on Friday released a positive September jobs report, with a gain of 134,000 jobs and the lowest unemployment rate in 50 years. These reflect a strong economy […]


Activity, Corporate banking

Wells Fargo plans to cut 26,500 jobs

September 25, 2018

Via: Banking Technology

CNN Money reports that CEO Tim Sloan said on Thursday that the bank plans to cut 5% to 10% of its 265,000-person workforce, reflecting both layoffs and attrition. The chief cited “changing customer preferences,” including the wide adoption of digital […]


Activity, Corporate banking

JP Morgan plans 50 new branches in the Philadelphia area

September 24, 2018

Via: CNBC

J.P. Morgan Chase is doubling down on the physical storefront known as the bank branch. Under pressure to cut expenses after the financial crisis, U.S. banks have been shuttering branches for most of the last decade. That trend accelerated as […]


Activity, Corporate banking

Warner Bros. Exec Joins Union Bank as Head of Digital Banking

September 18, 2018

Via: ABF Journal

Julie Demarigny has joined Union Bank as head of Digital Banking. Demarigny is responsible for leading digital strategies for both Union Bank and PurePoint and for growing the overall digital banking business. She will work closely with the bank’s technology […]


Activity, Corporate banking

First National Bank Hires Mitchell to Lead Capital Markets

September 17, 2018

Via: ABF Journal

First National Bank hired D. Bryant Mitchell as executive vice president of Capital Markets and Specialty Finance. Mitchell will be responsible for building out capabilities in business lines including Capital Markets, Loan Syndications, Interest Rate Sales and Marketing, International Banking, […]


Activity, Channels, Corporate banking

Welcome to a virtual reality: how virtual accounts are transforming corporate banking

August 31, 2018

Via: Finextra

The modern banking landscape has changed fundamentally at the hand of digital transformation. Retail banking disruptors such as Monzo and Atom have ripped up the rule book on what effective banking looks like, and consumers have voted with their feet. […]