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Performance - Banking Exchange
Neo-banks Struggling to Make a Profit

Neo-banks Struggling to Make a Profit

After entering the banking market 10 years ago, neo-banks across the world are failing to adapt for a profitable future
Bank of America clients make $249bn in payments in February

Bank of America clients make $249bn in payments in February

Latest data signals a return to more normal payment and spending habits
US Bank Branch Closures Increase by 38% in 2021

US Bank Branch Closures Increase by 38% in 2021

2,927 bank branches closed last year, as bank customers opted for mobile and digital offerings
Ernst and Young Names Vice Chair of Americas Strategy and HSBC Appoints Two New Board Members

Ernst and Young Names Vice Chair of Americas Strategy and HSBC Appoints Two New Board Members

Also, Exchange Bank announces new vice president
Banks Need to Expand Hybrid Banking Options to Survive

Banks Need to Expand Hybrid Banking Options to Survive

COVID-19 has caused significant numbers of people to want to limit social contact in public places for the time being
Weak loan demand, low net interest margins, and cyber threats continue to harm banks, according to the OCC

Weak loan demand, low net interest margins, and cyber threats continue to harm banks, according to the OCC

Operational and strategic risk elevated as Covid-19 relief winds down
US Banks Combined Market Cap Jumps to Nearly $1.4 trillion

US Banks Combined Market Cap Jumps to Nearly $1.4 trillion

80% increase year-on-year as US economy begins to “roar back to life”
Customers Want Human-Digital Service Balance, Survey Says

Customers Want Human-Digital Service Balance, Survey Says

Traditional banking products are “out”, according to tech company Temenos
Big Q2 Profit Jumps Expected for Most Banks

Big Q2 Profit Jumps Expected for Most Banks

Loan defaults during the pandemic largely failed to materialize
As Bank Branches Go Digital, How Do They Attract Customers?

As Bank Branches Go Digital, How Do They Attract Customers?

Banks are having to reconsider the role physical branches play in a world of digitized customer experiences
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