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[ad_1] Huntington Bancshares, which reported a 4% increase in noninterest expenses between July and September, is forecasting a 4%-5% increase in the fourth quarter, and for...
[ad_1] Megabanks like JPMorgan Chase and Wells Fargo have an edge in net interest income over their regional-bank rivals, according to Brian Mulberry at Zacks Investment...
[ad_1] Citigroup CEO Jane Fraser told analysts Friday that the megabank is doing what it has pledged to do to achieve a turnaround. “We don’t pretend...
[ad_1] Earlier this year, PNC said that it would reduce expenses by $400 million throughout the course of 2023. Then in July, company executives said that...
[ad_1] Higher interest rates may be painful in the short term, but banks, savers and the financial ecosystem will be better off in the long run,...
[ad_1] A major Wall Street bank is warning about the risk that inflation expectations could become unanchored in a fashion similar to the 1970s stagflation era....
[ad_1] Citizens Bank has been exploring multiple uses for AI as it looks to enhance its digital channels and improve customer offerings. The $222 billion bank...
[ad_1] A major Wall Street bank is warning about the risk that inflation expectations could become unanchored in a fashion similar to the 1970s stagflation era....
[ad_1] Since last fall, M&T Bank, Truist Financial and Eastern Bancshares have sold all or part of their insurance subsidiaries. The question now is whether other...
[ad_1] By Adria Calatayud Banco Bilbao Vizcaya Argentaria is launching a share buyback program of up to 1 billion euros ($1.06 billion) after it received authorization...
[ad_1] Citizens Bank expects to roll out 30 projects in the next nine months as it ramps up generative AI, automation and virtual assistant offerings. ...
[ad_1] The hurdles facing Germany’s economy in recent years have been plentiful, but the “sick man of Europe,” label is unfair, say Deutsche Bank strategists, who...
[ad_1] “If banks and financial institutions and asset managers don’t see the opportunity here, if they don’t understand how tribes are structured and the industries that...
[ad_1] TORONTO — Bank of America announced the addition of AI capabilities to its CashPro Chat function at Sibos 2023 Monday, bringing an enhanced user experience...
[ad_1] Banco Santander CEO Hector Grisi wants to simplify the company so it can reach its profitability targets. His overhaul plans will likely reduce management layers...
[ad_1] Getting staff back to the office is only part of the battle. Regional banks that went big lending on office properties also face a ticking...
[ad_1] By Adria Calatayud Societe Generale is targeting slower average annual revenue growth between 2022 and 2026 than for the 2021-25 period, and aims to streamline...
[ad_1] The U.S. stock market, as measured by the S&P 500 Index SPX, is trapped in a trading range, and volatility seems to be damping down...
[ad_1] NEW YORK — Citizens Bank will launch a virtual assistant, Digital Butler, on its commercial banking app in the next quarter, Jo Wyper, executive vice...
[ad_1] Regional banking stocks are on pace for their worst year back to 2006, with the long tail of the SVB collapse. But bank stocks had...