Fictor Holding filed for bankruptcy protection in Brazil, with its holding company and a financing firm seeking to restructure 4 billion reais (about $763 million) in debt, Bloomberg reported Monday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy...
The merger between Fifth Third Bancorp and Comerica Incorporated closed Monday (Feb. 2), forging an institution with roughly $294 billion in assets and signaling a reshaping how regional banks compete across mobile banking, commercial payments and middle-market services. Get the Full Story Complete the form...
Visa, JPMorgan Chase and Bank of America are among the companies that will support Trump Accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Citigroup reportedly plans to lay off an unspecified number of employees in March after cutting about 1,000 jobs this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Buy now, pay later (BNPL) provider Affirm aims to establish a bank subsidiary called Affirm Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Royal Bank of Canada and some other banks reportedly launched a loan tied to the takeover of TreeHouse Foods, which supplies Walmart private-label food and beverages, by Investindustrial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Fifth Third Bancorp’s investments in physical branches and digital tools paid off in fourth-quarter operating results that included record net interest income and 230 basis points of positive operating leverage, company executives said Tuesday (Jan. 20). Get the Full Story Complete the form to unlock...
At the World Economic Forum in Davos, global banking chiefs, FinTech leaders and regulators converged on a shared reality: AI is reshaping finance faster than institutions can adapt alone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Mastercard and Moneythor have partnered to add personalized experiences to First Abu Dhabi Bank’s (FAB’s) digital channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
