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Tag: deposits


News

2024 Bank M&A Survey: On the Hunt for Deposits

November 13, 2023

Via: Bank Director

Bank leaders’ enthusiasm for M&A appears muted going into 2024, but an appetite for sticky, low cost deposits could motivate some financial institutions to make a deal in the year ahead. Bank Director’s 2024 Bank M&A Survey, sponsored by Crowe […]


Channels

How Some Banks Are Prevailing in the Battle for Deposits

October 10, 2023

Via: Bank Director

We recently asked bankers in our “State of Commercial Banking Midyear Update” presentation what was top of mind for the remainder of 2023. The answer was clear: 80% of the respondents selected deposit growth and retention. As interest rates have […]


Capital and Risk, Trading

U.S regional bank shares rise on interest income, deposits stabilizing

July 19, 2023

Via: Yahoo

Major U.S regional banks said their deposits mostly stabilized and net interest income rose after the first-quarter collapse of Silicon Valley Bank sparked industry turmoil, sending their shares soaring on Wednesday. Three major U.S. regional banks met or beat profit […]


Regulations

Wells Fargo ordered to pay USAA $200m for infringed payments patents

November 11, 2019

Via: Banking Technology

The patents, which focused on making cheque deposits made with mobile devices simpler, were the subject of a 2018 patent infringement lawsuit filed by USAA targeting Wells Fargo’s mobile deposit solution. The process allows bank customers to use their mobile […]


Capital and Risk, Credit

A Danish bank is offering mortgages with negative interest rates — why you shouldn’t wish for that to happen in the U.S.

August 12, 2019

Via: Market Watch

It’s safe to say that mortgage rates have never been lower in Denmark. In fact, they’re now negative. Denmark’s Jyske Bank JYSKY, -20.24%, is now offering a 10-year fixed-rate mortgage at negative 0.5%. Additionally, Finland-based Nordea Bank announced Wednesday that […]


Capital and Risk, Liquidity

This Bank Is Winning the Competition for Deposits

March 15, 2019

Via: Bank Director

From the perspective of a community or regional bank, one of the most ominious trends in the industry right now is the organic deposit growth at the nation’s biggest banks. This trend has gotten a lot of attention in recent […]


Activity, Trading

JPMorgan CEO’s ‘Golden Age of Banking’ Is Proving Short-Lived

December 11, 2018

Via: TheStreet

JPMorgan Chase & Co. (JPM) CEO Jamie Dimon’s golden age of banking looks more like a blip. U.S. bank stocks that were supposed to benefit from rising interest rates — and fatter lending profits — are instead getting hammered by […]