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New year appointments: Texas Capital Bank, Peoples Bank, First Financial, Cetera

New year appointments: Texas Capital Bank, Peoples Bank, First Financial, Cetera

Former head of Citigroup Wealth Advisors to join Texas Capital in newly-created role
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
US Banks Turn to Technology To Compete Against FinTechs

US Banks Turn to Technology To Compete Against FinTechs

Traditional banks lack the underlying technology to undertake digital transformation reveals ISG report
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
Banks Need to Expand Hybrid Banking Options to Survive

Banks Need to Expand Hybrid Banking Options to Survive

COVID-19 has caused significant numbers of people to want to limit social contact in public places for the time being
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…
ChoiceOne Bank hires CFO

ChoiceOne Bank hires CFO

First Republic Bank, 1st Security Bank and KodyPay have also announced senior hires
Credit Unions and Crypto-Assets

Credit Unions and Crypto-Assets

Bloomberg reported that credit unions are seeking the ability to hold crypto-assets directly
US commercial banks’ revenue down 15.5% in Q3

US commercial banks’ revenue down 15.5% in Q3

Trading revenue declined by $1.3 billion, down 15.5% on the previous quarter
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