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PNC leader: New N.C State branch is the "future of banking"

Tucked into a glass-walled nook on the second floor of N.C. State University's Talley Student Union is a new PNC Bank branch that Jim Hansen, regional president for the Eastern Carolinas region, calls "the future.".....»»

Category: topSource: bizjournalsJun 12th, 2018

Jeweler Behind $2BN Indian Bank Fraud Reportedly Seeking Political Asylum In London

Four months after news of India's largest-ever banking scandal burst into the headlines when authorities discovered that a series of shell companies tied to a famous Indian jeweler had stolen nearly $2 billion from state-owned banks using an .....»»

Category: blogSource: zerohedgeJun 12th, 2018

Wells Fargo Is the Latest Bank to Bar Consumers From Buying Bitcoin While Using Its Credit Cards

The decision follows similar announcements by other banks. Yet another banking giant, worried about the asset’s volatility, is banning cryptocurrency purchases using its credit card. America’s third largest bank by assets, Wells Fargo.....»»

Category: europeSource: fortuneJun 11th, 2018

Banking Roundup: Deutsche Bank to cut 7,000 jobs… Gun-control advocates target BofA on Remington deal

The nation’s largest banks — such as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), GoldmanSachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) — have operatio.....»»

Category: topSource: bizjournalsMay 30th, 2018

Palo Alto ballot measure targeting Stanford hospital"s health care costs moves forward

The national issue of sky-high medical medical costs will be on the November ballot in Palo Alto if one of the nation’s largest health care labor groups has its way. SEIU-UHW – a major union for health care workers – has submitted signatures fo.....»»

Category: topSource: bizjournalsMay 23rd, 2018

Inside Beneficial Bank’s business banking strategy

Philadelphia-based Beneficial Bank focuses on in-person customer relationships to build loyalty. Ger.....»»

Category: blogSource: TradestreamingMay 16th, 2018

On This Day In Market History: Central European Banking Systems Begin To Collapse

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On this day in 1931, the bankruptcy of Austria’s largest bank accelerated the financial collapse of Central Europe. read more.....»»

Category: blogSource: benzingaMay 11th, 2018

Nationwide to exit retail banking business, transfer $4.8B in deposits

Nationwide plans to end its retail bank, the fifth largest in Central Ohio. The company said Monday it would refocus its banking business, Nationwide Bank, away from retail banking in order to focus specifically on trust operations to support its ret.....»»

Category: topSource: bizjournalsMay 7th, 2018

Deal of the Week: Houston’s largest community bank to acquire competitor for $350M

The deal is the biggest ever for Allegiance and the biggest one Houston's community banking industry has seen in a while......»»

Category: topSource: bizjournalsMay 4th, 2018

Crapo criticizes Citibank, Bank of America on gun moves

The chair of the Senate Banking Committee has asked big banks to explain why they’ve curtailed business with the gun industry in the wake of a recent mass shooting......»»

Category: topSource: marketwatchApr 26th, 2018

Bank ETFs Muted After Earnings: Should You Buy?

Inside the Q1 earnings of banking stocks an.....»»

Category: topSource: zacksApr 19th, 2018

New Deutsche Bank CEO faces pressure over strategy

Deutsche Bank still lacks a coherent strategy, analysts say, after Germany's largest lender installs retail banking veteran Christian Sewing as its new chief executive. Ciara Lee reports.....»»

Category: videoSource: reutersApr 9th, 2018

Deutsche Bank"s new CEO faces familiar questions over strategy

FRANKFURT (Reuters) - Christian Sewing must quickly come up with a coherent strategy for Deutsche Bank after the retail banking veteran was promoted to chief executive of Germany's largest lender......»»

Category: topSource: reutersApr 9th, 2018

The Dow erases its 2018 gains as Trump moves closer to an all-out trade war with China

Global markets shuddered Tuesday after President Donald Trump threatened tariffs on billions of dollars worth of goods from China, putting the world's largest economies on the brink of a trade war. The Dow .....»»

Category: topSource: businessinsider10 hr. 55 min. ago

CYBG and Virgin Money join forces to take on UK"s big four banks

Mid-sized bank CYBG has agreed a 1.7 billion pound ($2.3 billion) all-share deal to acquire Virgin Money, which it said will create Britain's sixth-largest bank by assets and a new challenger to the country's top four lenders. Sonia Legg reports.....»»

Category: videoSource: reutersJun 18th, 2018

Inside America’s Largest Child Migrant Detention Center: An Old Texas Walmart

The US government.....»»

Category: blogSource: zerohedgeJun 16th, 2018

From "Solo" to "Incredibles 2": How Disney moves on from a box office setback

After a rare box-office setback with "Solo: A Star Wars Story," Disney is banking on a superhero family to save the day......»»

Category: topSource: moneyJun 15th, 2018

Union Looks to Block New Trump Rule on Federal Workers

The largest federal-workers union is attempting to block President Trump from enforcing one of three executive orders issued in an effort to rewrite the rules between the government and its employees......»»

Category: smallbizSource: wsjJun 15th, 2018

Borrowers take a hit as Fed rate hikes kick in

The world’s largest central bank is pulling back the economic props put in place after the financial crisis, presenting a new challenge for the so-far sturdy global recovery: a possible slowdown in consumer spending due to rising interest rates......»»

Category: videoSource: reutersJun 15th, 2018

Biz: Pocket neighborhood idea moves Inside the Beltline

The concept of “pocket neighborhoods” – a clustered group of homes – began in 1996 near Seattle, and the idea has grown across the country......»»

Category: topSource: bizjournalsJun 15th, 2018