Banking

Banking
Report: Fed’s Emergency Lending Program Providing ‘Easy Money’ to Banks
January 10, 2024

The Federal Reserve’s emergency lending program, known as the Bank Term Funding Program (BTFP), has reportedly become a source of “easy money” for banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Consumers Look at Security First, Fees Second When Opening a Bank Account
January 10, 2024

After two years of persistent inflation and economic uncertainty, consumers have adopted a range of conservative attitudes across consumer products and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
SVB Financial Group and Creditors Aim to Form New Company
January 09, 2024

SVB Financial Group, the former parent company of Silicon Valley Bank, has made progress in its bankruptcy case by reaching a deal with key creditors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
January 08, 2024

Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. 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 newsletter, PYMNTS...

Banking
European Banks’ Returns Set to Outdo American Counterparts
January 08, 2024

Europe’s banks are reportedly set to have a much better year than their U.S. rivals. 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 newsletter,...

Banking
National Australia Bank Says Real-Time Cash and Working Capital Management Among 2024’s Banking Megatrends
January 04, 2024

Several megatrends are shaping financial services, Nilesh Dusane, global head of institutional payments at AWS, and Shane Conway, executive general manager of transaction banking, enterprise payments and asset servicing at National Australia Bank, told Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
EU Regulators Investigate Bank and Shadow Bank Connections
January 03, 2024

Regulators in Europe are reportedly probing the ties between banks and non-bank financial institutions (NBFIs). 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 newsletter,...

Banking
Community Banks in Crisis Mode Following Rate Hikes, Report Says
December 27, 2023

Small community banks in the United States are ending the year in crisis mode. 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 newsletter, PYMNTS...

Banking
‘Goliath’ JPMorgan Has 18% of All US Banking Revenue, Report Says
December 27, 2023

JPMorgan Chase is ending 2023 as the leading figure in the U.S. banking sector. 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 newsletter, PYMNTS Today....