Wells Fargo board members resign, M&T adds EVPs, Comerica appoints tech chief, and other major moves from this month

As more European countries go into lockdown to combat the coronavirus pandemic, analysis shows where the strains will hit the continent’s banking sector

Its full time employees would receive extra compensation of $600 if they make less than $100,000 a year

The bank is also paying bonuses to “front line” workers in call centers of $200 per pay period

Square announced last week that the FDIC has approved its application of its banking subsidiary Square Financial Services

The coronavirus has sent shockwaves through the markets around the globe

Credit rating agency KBRA is confident of capital positions but warns on banks exposed to hospitality, agriculture and energy

Bank of America, Truist, Webster, Associated Bank and Mutual of Omaha are among those pledging to charities and community support funds

Mutual of Omaha takes measures to protect staff after virus case, while other banks announce remote working action

US Bank to take on deposit and credit card accounts, with future plans for vehicle loans and business services