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Accenture Survey Highlights Productivity Increase in Financial Services Firms During COVID-19
Increase in productivity from remote work, bank onboarding applications, insurance claims, trade processing and capital markets payment related work
First Horizon Continues M&A with Truist Branch Purchases
First Horizon has acquired 30 North Carolina branches from Truist, adding $2.3 billion in deposits
How the Pandemic Could Damage European Banks compared with US Banks
EU and UK banks could be in a far worse position than their US peers following the COVID-19 pandemic, research has shown
Five Star is Latest Bank Consolidating Branches as Visits Drops
The New York-based bank will close six branches and merge them into other existing premises after a multi-year fall in in-person visits
Mutual of Omaha Rebrands to Remove Native American Imagery
The $50 billion bank will also invest in training programs for staff and take proactive measures to improve recruitment and supplier diversity
American Bankers Association Urges Banks to Adopt Face Mask Policies
The association has written to its members to urge facial coverings for staff and customers as President Trump resists advice from medical experts
Bank Share Prices Suffer Despite Resilient Balance Sheets
Investors have shied away from bank stocks despite multiple stress tests showing the sector to be performing well amid the pandemic
How Wells Fargo is Repurposing PPP Fees in Support Fund
The bank has put all the fees it generated from the PPP into the pandemic recovery fund
OCC: COVID-19 ‘Not an Excuse for Branch Closures’
The new comptroller has warned banks not to use the coronavirus pandemic as a cover for cutting services
NY Community Banks to Merge; First Horizon-IBERIABANK Deal Completes
Bridge Bancorp and Dime Community Bank plan to create an $11 billion banking group through a “merger of equals”
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