PeoplesBank and Cornerstone Bank have unanimously agreed to merge their holding companies, a decision announced following a vote by both boards. While PeoplesBancorp, MHC and SSB Community Bancorp MHC will unite their holding companies, both banks will retain their individual…
Royal Bank of Canada (the Bank) (TSX: RY) (NYSE: RY) has announced today that both the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI) have given approval for its normal course issuer bid. This…
Canada finds itself in an economic stagnation, where despite adjustments for inflation and immigration, the economy remains smaller than pre-pandemic levels and has shown minimal growth over the past decade. In response to these challenges, RBC has launched The Growth…
Margin pressures and increased credit costs are anticipated to weigh heavily on U.S. community bank earnings this year, as highlighted in a recent report by S&P Global Market Intelligence. The 2024 U.S. Community Bank Market Report projects a 12% year-over-year…
Glassbox, a leading provider of AI-driven customer intelligence solutions, has released a comprehensive report revealing key insights into consumer preferences in digital banking for 2024. Titled “The State of Digital Banking 2024,” the report delves into what matters most to…
InvoiceCloud, a prominent provider of digital bill payment solutions, has published a new online payments report in collaboration with a third-party research firm. This report provides valuable insights into the payment preferences and behaviors of digitally reluctant bill payers. The…
NCR Voyix Corporation (NYSE: VYX), a leading global provider of digital commerce solutions, today announced that Sacramento, Calif.-based Golden 1 Credit Union has selected NCR Voyix Digital-First Banking to drive its digital transformation. With more than $20 billion in assets…
marking a 49.6% annual increase, supported by the Skills & Education loan In 2023, MicroBank, the social bank of CaixaBank, significantly expanded its Skills & Education programme in Spain, financing a total of 1,019 projects aimed at education, training, and…
Deutsche Bank is mourning the loss of its former Management Board member, Frank Strauss, who passed away last week at the age of 54. Strauss served as CEO of Postbank for six years and was a member of the Management…
HSBC today inaugurated its new U.S. headquarters at The Spiral, a landmark office building in New York City’s Hudson Yards neighborhood, marking its largest U.S. relocation to date. This move, along with investments in other offices nationwide, underscores HSBC’s commitment…
Watt Plaza has signed a 10-year lease agreement with Esquire Bank, a premier commercial bank serving the legal industry and small businesses. The 3,800-square-foot ground-floor location at the corner of Century Park East and Constellation Blvd. is expected to open…
U.S. Bank has once again achieved the highest score in California in J.D. Power’s annual study measuring clients’ satisfaction with their primary bank, marking its fourth consecutive year at the top. The study, now in its 19th year, evaluates satisfaction…
