Banking industry
Next January, the town of Wisbech will lose two of its bank branches when Lloyds and Halifax announce their closures on January 22. This decision comes as a result of a significant decline in the use of physical bank branches. According to figures provided by both banks, there has been
Banking industry
The amount Canadians owe relative to their income has dropped in the second quarter, according to Statistics Canada. This decline is reflected in the agency's report, which shows that household credit market debt as a proportion of household disposable income has fallen to 175.5 percent on a
Banking industry
Royal Bank of Canada (RBC) has appointed Katherine Gibson as its new Chief Financial Officer, effective immediately. Gibson has been serving as Interim Chief Financial Officer since April 5, 2024, and brings over two decades of experience in leading global teams and major strategic initiatives at RBC. As CFO, Gibson
Banking industry
Royal Bank of Canada (TSX: RY) (NYSE: RY) has announced the appointment of Katherine Gibson as its new Chief Financial Officer (CFO), effective immediately. Gibson has been serving as Interim Chief Financial Officer since April 5, 2024, and has a rich background in finance, with over 22 years of experience
Banking industry
NBT Bancorp Inc. and Evans Bancorp, Inc. have entered into a definitive agreement to merge, creating a strong community banking presence in Upstate New York. The combined organization will span over 170 locations, serving markets from Buffalo, NY to Portland, ME. This strategic move will result in the highest deposit
Banco Santander S.A.
Employers are pushing back against the long-standing habit of working from home, with Santander and PwC introducing new policies that require staff to spend at least three days a week in the office. The move comes as the pandemic has forced many companies to adopt flexible working arrangements, but now
Banking industry
Enterprise Bancorp, Inc. is set to present its investor relations at the Raymond James 2024 U.S. Bank and Banking on Tech Conferences on Thursday, September 5, 2024. The investor presentation, which is available on the Company's website, provides insights into the bank's financial performance and
Banking industry
Synovus Financial Corp., a leading financial institution, will participate in two conferences scheduled for September 2024. The company will host a fireside chat at the Barclays 22nd Annual Global Financial Services Conference on September 9, 2024, at 3:30 p.m. ET. Additionally, Synovus will participate in the Raymond James
Banking industry
Fulton Financial Corporation, a leading financial institution, has updated its corporate presentation, providing an overview of the company's strategy and performance. The presentation, posted on the company's website, updates previous corporate presentations and highlights Fulton's efforts to drive growth and profitability. The presentation includes
Bank of America Corp.
New Mexicans can expect a relatively smooth travel experience over the Labor Day weekend, with a 9% increase in domestic travel bookings and a 2% decrease in domestic travel costs. Meanwhile, Bank of America has announced a $1.17 million grant program to support local nonprofits, with 30 organizations receiving
Banking industry
Banco BBVA Argentina S.A. has reported its consolidated results for the second quarter (2Q24), ended on June 30, 2024, with a net income of $112.9 billion, a 178.8% increase from the first quarter of 2024 (1Q24). This marks a significant improvement from the second quarter of 2023
Bank holding companies
Princeton Bancorp, the parent company of The Bank of Princeton, announced its unaudited financial results for the quarter ended June 30, 2024, showing a strong performance with a 18.0% increase in net income over the first quarter of 2024. The Company's net interest margin increased to 3.
