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Gen Z Favor Secure Payments Solutions when Selecting Banks

Gen Z Favor Secure Payments Solutions when Selecting Banks

Generation Z has become the center of much attention and discussion among banking leaders
Credit risk for large syndicated loans remains high

Credit risk for large syndicated loans remains high

The Shared National Credit Review finds modest improvement in credit risk for large syndicated loans in 2021
Cathay Bank acquires HSBC West Coast

Cathay Bank acquires HSBC West Coast

The deal will add 10 branches to Cathay’s California footprint
Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

Bank has created risk management policies to prevent recurrence says Moody’s
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
Fed Will Continue to Explore Central Bank Digital Currency Options

Fed Will Continue to Explore Central Bank Digital Currency Options

Central bank digital currency could “fundamentally change the structure of the US financial system”
Citi Sells Consumer Banks in Indonesia, Malaysia, Thailand and Vietnam

Citi Sells Consumer Banks in Indonesia, Malaysia, Thailand and Vietnam

UOB will acquire Citi’s consumer banking franchises in the four countries
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
Eastern Bank enters into asset purchase agreement with Needham Bank

Eastern Bank enters into asset purchase agreement with Needham Bank

Transaction expected to complete in the first half of 2022
Citi to exit consumer and small business banking in Mexico

Citi to exit consumer and small business banking in Mexico

Decision is part of a wider strategic refresh
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