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WEB2 days ago · Each year, in advance of our Most Powerful Women in Banking and Finance awards, American Banker puts together a list of 15 women who are rising stars at their banks. The honorees, all women 40 years old and younger, are nominated by an executive at their institution who believes that she has the potential to ascend to the C-suite.
8 of the biggest issues facing the banking industry today
WEBMar 21, 2024 · A "series of missteps," including possible federal anti-money-laundering violations and the cancellation last year of TD's planned acquisition of First Horizon, could put pressure on TD Bank Group CEO Bharat Masrani to step down sooner rather than later, said a recent Jefferies analyst note, written by John Aiken, John Ng and Aria …
Payments Industry News & Analysis | American Banker
WEBHow payments executives are leading the AI revolution. Honorees from 2024's Most Influential Women in Payments, representing companies such as MoneyGram, Walmart, Segpay and more, share insights into how how artificial intelligence is changing their companies and their industry. By John Adams. February 27. 8 Min Read.
Why banks are closing so many branches | American Banker
WEBFeb 27, 2024 · There were about 77,500 bank branches in the U.S. at the close of 2023, according to updated estimates from S&P Global. The trend was hastened by the social distancing measures enacted to combat coronavirus outbreaks in 2020 and 2021. Such measures brought branch traffic to a standstill and drove increased adoption of digital …
U.S. Bancorp gives itself three more months to close MUFG Union …
WEBSep 16, 2022 · Another large deal waiting for regulatory approval is TD Bank's acquisition of Memphis, Tennessee-based First Horizon. Progressive groups have asked regulators to refrain from approving the $13.4 billion deal until the banks agree to increase certain community investments.. The extension of U.S. Bank's purchase agreement will …
The biggest bank M&A deals in 2021 — so far | American Banker
WEBSep 28, 2021 · So far this year, deals worth more than $48 billion have been announced, an American Banker analysis found. That total easily outpaces all of both 2018, when combined deal values hit $29.6 billion, and 2020, when they reached $27.8 billion, according to data from S&P Global. With three months remaining in 2021, deal values …
American Banker Magazine
WEBBanks Take on Marketplace Lenders. November 18. The mission of American Banker Magazine is to explore ideas. Our features, news articles, data, rankings and op-eds provide unique analysis of banking trends and strategies.
20 banks with the biggest commercial real estate loan portfolios
WEBJun 30, 2022 · The top five banks in our ranking had a combined commercial real estate portfolio of nearly half a billion dollars at the end of 2021. With several leaders growing by more than a third last year, others saw year-over-year increases of more than 120%. Scroll through to see which banks made the top 20 and how they fared in the 12 months …
My Account - American Banker
WEBHere's a non-alarmist guide to what banks are facing as prophecies of commercial real estate losses mount.
USAA agrees to $64M settlement in class action overcharging case
WEBAug 6, 2024 · USAA has agreed to pay $64.2 million to settle a class action lawsuit that alleged it overcharged thousands of military members who were subject to interest rate protections. Polo Rocha. Staff Writer, American Banker. For reprint and licensing requests for this article, click here. Consumer lending USAA Regulation and compliance.