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Financial Trends - Banking Exchange
Banks Cut Lending Rates After Fed Action on COVID-19

Banks Cut Lending Rates After Fed Action on COVID-19

US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
Bank Stocks Caught in the Crossfire

Bank Stocks Caught in the Crossfire

Stock market dropped an unprecedented amount over the last several business days, bank stocks dropped along with it
2020 M&A Trend Continues as SmartBank Completes Progressive Deal

2020 M&A Trend Continues as SmartBank Completes Progressive Deal

Also, Regions Bank has announced the planned acquisition of equipment finance lender Ascentium Capital
The Four Building Blocks of Crypto-Asset Success

The Four Building Blocks of Crypto-Asset Success

KPMG has published a 24-page report explaining the key steps companies must take to ensure success in the digital asset world
5 Tips for Better Financial Services Partner Marketing in 2020

5 Tips for Better Financial Services Partner Marketing in 2020

Financial brands that leverage affiliate and partner marketing can deliver on a host of different business objectives. Get quick wins and kickstart your 2020 growth with the following tips.
How Central Banks Are Responding to Coronavirus Threat

How Central Banks Are Responding to Coronavirus Threat

The Fed, Bank of Japan and Bank of England are among those to have issued statements in the past few days
Problematic Mortgages on the Decline as Refinancing Rises

Problematic Mortgages on the Decline as Refinancing Rises

Errors and attempted fraud connected to mortgage applications fell by 3% in January and is down by more than a quarter year-on-year
Authorities Shed New Light on Wells Fargo Fake Accounts Scandal

Authorities Shed New Light on Wells Fargo Fake Accounts Scandal

The bank’s $3 billion fine was accompanied by penalties totaling $21 million for three former executives for their roles in the scandal that ran for 15 years
Details Behind Morgan Stanley’s Decision to Acquire E*Trade in $13bn Deal

Details Behind Morgan Stanley’s Decision to Acquire E*Trade in $13bn Deal

Combination will create a $3.1 trillion wealth management business when it completes later this year
Mobile Wallets to Hit $1trn in 2020, Data Shows

Mobile Wallets to Hit $1trn in 2020, Data Shows

Use of smartphone-based point-of-sale payment methods increased by more than a third in 12 months, and will hit $2 trillion in three years’ time
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