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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
Bitcoin Verses Gold: Goldman Sachs Analyst Says Bitcoin Will Likely Increase Market Share

Bitcoin Verses Gold: Goldman Sachs Analyst Says Bitcoin Will Likely Increase Market Share

The gold investment market is just over $2.5 billion, and the Bitcoin market is about $700 million, but the momentum is on the side of Bitcoin…
Credit Unions and Crypto-Assets

Credit Unions and Crypto-Assets

Bloomberg reported that credit unions are seeking the ability to hold crypto-assets directly
Agile Assets: Digital Agility and the Evolution of Banking

Agile Assets: Digital Agility and the Evolution of Banking

There is a growing focus on the importance of business agility
Banks crucial to small business capital formation, SEC data finds

Banks crucial to small business capital formation, SEC data finds

Small businesses rely heavily on loans or lines of credit for capital funding, research suggests
Banking System Conditions Improved in 2021 as Banks Remain Strong

Banking System Conditions Improved in 2021 as Banks Remain Strong

Fed flags cybersecurity and operational resilience as priorities for large banks
Digital Banking Customer Satisfaction Levels Sustained From 2020 Reveals ABA Survey

Digital Banking Customer Satisfaction Levels Sustained From 2020 Reveals ABA Survey

More consumers are turning to mobile devices to make a payment or transfer money compared to 2020
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