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Retail Banking

Combination will create a $3.1 trillion wealth management business when it completes later this year
Ericson State Bank has been taken over by Farmers and Merchants Bank after a regulatory investigation uncovered a series of lending violations
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
It’s time for banks to stop working against what customers are telling them and start solving the right problems in the right ways
A shortage in housing supply is continuing to bolster competition among homebuyers across the country
US sector takes 5% hit – despite strong performance from J.P Morgan and Merrill
The struggle they will have in increasing market share will not come from traditional competitors but from new online banking companies
Starts off focusing on topline growth and takes it from there
Citigroup yields much of its retail banking revenue from its credit cards and enjoyed double digit gains year over year
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