Category: Corporate banking

November 6, 2018

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 […]

October 12, 2018

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 […]

October 12, 2018

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 […]

October 11, 2018

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 […]

October 8, 2018

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 […]

September 25, 2018

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 […]

September 24, 2018

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 […]

September 18, 2018

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 […]

September 17, 2018

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, […]

August 31, 2018

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. […]