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Challenger Bank Alliant reports strong year-on-year growth in 2021

Challenger Bank Alliant reports strong year-on-year growth in 2021

Member base increases as consumers turn to digital, low-rate environments
Digital Engagement Booming, Says Bank of America

Digital Engagement Booming, Says Bank of America

Individual and business customers are embracing digital banking more than ever
Crypto-Assets are Risk to Global Financial Stability, Says FSB

Crypto-Assets are Risk to Global Financial Stability, Says FSB

Several groups have voiced concerns over the potential risks of crypto-assets as buzz around them grows
Gen Z Favor Secure Payments Solutions when Selecting Banks

Gen Z Favor Secure Payments Solutions when Selecting Banks

Generation Z has become the center of much attention and discussion among banking leaders
Credit risk for large syndicated loans remains high

Credit risk for large syndicated loans remains high

The Shared National Credit Review finds modest improvement in credit risk for large syndicated loans in 2021
Cathay Bank acquires HSBC West Coast

Cathay Bank acquires HSBC West Coast

The deal will add 10 branches to Cathay’s California footprint
Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

Wells Fargo Confirms Termination of OCC Add-On Products Consent Order

Bank has created risk management policies to prevent recurrence says Moody’s
US Bank Branch Closures Increase by 38% in 2021

US Bank Branch Closures Increase by 38% in 2021

2,927 bank branches closed last year, as bank customers opted for mobile and digital offerings
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
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