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[ad_1] JPMorgan Chase’s expenses increased in the third quarter as the bank invested in people and technology. The $3.7 trillion bank’s consumer and community banking expenses...
[ad_1] PNC Bank is looking to reduce and manage expenses and use the resulting funds to invest in technology. “We are focused on expense management, particularly...
[ad_1] Citizens Bank plans to join syndicated loan platform Versana in the first half of 2024 to expand its credit reach. Syndicated loans can range from...
[ad_1] Metro Bank is considering growth strategies and digital investment plans following a tumultuous month that nearly ended in a collapse similar to Silicon Valley Bank’s...
[ad_1] Goldman Sachs Group Inc. agreed to sell its GreenSky unit to a consortium led by Sixth Street Partners. The deal, which is expected to close...
[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] Wells Fargo is adding to its technology team again. The $1.9 trillion bank secured former chief information and experience officer of Truist, Ken Meyer. The...
[ad_1] Say your financial institution has adopted new technology for customer service. How are you going to measure the success of this new investment? There are...
[ad_1] Truist Financial is overhauling its digital innovation operations. Bank Automation News has learned that a key bank C-level innovation officer left Truist last week,...
[ad_1] Banks are shuttering physical locations as digital and mobile banking adoption rises and footfall in branches dwindles. According to Forrester’s “The State of Digital...
[ad_1] Ally Financial Inc. started cutting jobs on Monday, initiating a workforce reduction that will affect less than 5% of the company’s overall headcount. The Detroit-based...
[ad_1] Financial institutions can look to data analytics technology to better understand customer sentiment so they can drive organizational change. Financial institutions are looking to utilize...
[ad_1] Goldman Sachs Group Inc. is in advanced talks to sell its GreenSky unit to a consortium that includes Sixth Street Partners, according to people familiar...
[ad_1] Barclays, CitiGroup, Truist Financial and Santander announced layoffs this week as they look to cut costs and gain efficiencies. Truist is making “sizable reductions” to...
[ad_1] NEW YORK — Nearly 70% of Wells Fargo’s interactions with its customers are digital as it continues to invest and improve its digital banking channels,...
[ad_1] On the heels of a tumultuous spring that saw three of the four largest bank failures in U.S. history — Silicon Valley Bank and Signature...
[ad_1] JPMorgan Chase increased its share in digital bank C6 Bank to 46% from 40% last week, pending regulatory approval. JPMorgan first invested in C6 in...
[ad_1] Scotiabank increased its investment in technology, personnel costs and advertising to grow business operations and remain competitive. In the third quarter of 2023, which...
[ad_1] Canada’s TD Bank increased its investments in technology in the third quarter to remain competitive and serve a growing number of technology entrepreneurs. The $1.9...
[ad_1] Royal Bank of Canada’s discretionary and technology-related spending accounted for 23% of the bank’s non-interest expenses in the third quarter. In Q3 2023, the $1.4...