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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”
Full-Service Branch Access Unaffected Despite Industry Consolidation

Full-Service Branch Access Unaffected Despite Industry Consolidation

Report by the Federal Reserve of Cleveland studied whether bank consolidation had impacted customer access
Citizens Bank Rolls Out Deposit Feature to Support Underserved Communities

Citizens Bank Rolls Out Deposit Feature to Support Underserved Communities

Plus: Zions Bank achieves Bank On certification
Banks Experience Lowest Employee Turnover in Years

Banks Experience Lowest Employee Turnover in Years

Average turnover for nonofficer and office positions reduced significantly
Banks Must Embrace Next Generation of Payments to Stay in the Race says Capgemini

Banks Must Embrace Next Generation of Payments to Stay in the Race says Capgemini

Demand for digital payments skyrocket following the pandemic and growing digital appetite from customers
Mastercard and Citi Expand Partnership to Drive Financial Inclusion and Sustainability

Mastercard and Citi Expand Partnership to Drive Financial Inclusion and Sustainability

Network will help local governments engage with residents
Lael Brainard

Fed Hints at New Guidance As It Develops Climate Scenario Analysis

Guidance is a ‘rudimentary’ first step to help banks assess and manage climate-related risks
First Financial Accelerates Branch Optimization Plans to Meet Customer Preferences

First Financial Accelerates Branch Optimization Plans to Meet Customer Preferences

Plus: SmartBank sells Richmond assets to First Bank
Community Bank Acquires Elmira Savings Bank to Boost New York Presence

Community Bank Acquires Elmira Savings Bank to Boost New York Presence

Latest acquisition is valued at $82.8m
UK Challenger Bank Withdraws US License Bid

UK Challenger Bank Withdraws US License Bid

App-based neobank Monzo has yet to make a profit in the UK
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