Category Banking

KFH Supports Public-Private Sector Collaboration to Advance Sustainability

KFH Supports Public-Private Sector Collaboration to Advance Sustainability

Minister Reem Al-Fulaij lauded the Bank’s leading role in advancing sustainability and development Minister of State for Development and Sustainability, Dr. Reem Al-Fulaij, emphasized her commitment to strengthening policies and initiatives that support the transition toward sustainable development. She highlighted…

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Fifth Third Closes Fannie Mae DUS® Acquisition; Strengthens Multifamily Lending Capabilities

Fifth Third Closes Fannie Mae DUS® Acquisition; Strengthens Multifamily Lending Capabilities

Fifth Third Bancorp (NASDAQ: FITB) announced closing of a transaction to acquire Mechanics Bank’s Delegated Underwriting and Servicing (DUS®) business line, including an experienced lending team, and a $1.8 billion unpaid principal balance servicing portfolio. Fifth Third joins a group…

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American Express Unveils AI Training and Scholarship Programs for Small Businesses

American Express Unveils AI Training and Scholarship Programs for Small Businesses

American Express announced two new AI training and education initiatives, in collaboration with nonprofits Generation and Scholarship America, to help small businesses build practical AI skills in their day-to-day operations. AI Upskilling for Small Business, an AI training program created by Generation, is open…

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