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HSBC Completes Acquisition of Citi’s Retail Wealth Portfolio

HSBC Completes Acquisition of Citi’s Retail Wealth Portfolio

A $3.6 billion portfolio has been integrated into HSBC’s wealth and personal banking operations
CFOs Rank Cutting Costs as Top Priority

CFOs Rank Cutting Costs as Top Priority

Study found the number of CFOs prioritizing cutting costs in finance function rose from 38% to 44%
Merger & Acquisition Round Up: MidFirst Bank, Provident

Merger & Acquisition Round Up: MidFirst Bank, Provident

MidFirst Bank and Wintrust announce acquisitions while Skyline Bank and Provident prepare for mergers
Banks Compromise NetZero Goals with Livestock Financing

Banks Compromise NetZero Goals with Livestock Financing

Banks' lending to livestock resulted in 63.1 million metric tons of CO2e
Rishi Khosla, CEO and co-founder of OakNorth

OakNorth’s Pre-Tax Profits Increase by 23% While Expanding Its Offering to The US

OakNorth began lending to businesses in the US in the latter half of last year
NYCB Receives $1 Billion Lifeline

NYCB Receives $1 Billion Lifeline

The bank’s deal with a group of investors adds four new directors to its board
Capital One’s $35 Billion Bid to Aquire Discover Financial and What It Means

Capital One’s $35 Billion Bid to Aquire Discover Financial and What It Means

Deal would make Capital One the largest credit card company by loans, surpassing JP Morgan
Wells Fargo and Bank of America In the News for Bonus Announcement

Wells Fargo and Bank of America In the News for Bonus Announcement

Wells Fargo told employees they will receive a cash payment of $1,000 if they made less than $75,000 last year
New Year, New Leaders: Appointments Update

New Year, New Leaders: Appointments Update

CEO appointments for BCB and BayFirst, plus a new credit chief at Western Alliance
M&A: First Western Announces Purchase of State Bank of Lismore

M&A: First Western Announces Purchase of State Bank of Lismore

Plus: WaFd and Luther Burbank have extended the deadline to complete their merger

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