All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Flagship Wealth Center at Hudson Yards
New U.S. Head of Wealth and Personal Banking Racquel Oden Announces Launch of Latest Wealth Center Alongside U.S. and Americas CEO Michael Roberts
JPMorgan Chase Opens New Glasgow Office
New office shows a new long-term commitment to the city, and reflects wider investments in Scotland where the firm has committed £2.9 million in philanthropic capital over five years
Betterment to acquire Marcus Invest’s digital investing accounts from Goldman Sachs
Marcus Invest customers who transfer their accounts to Betterment will be offered automated investing, diversified portfolios, and tax-smart tools, along with access to a range of account types, planning tools, educational resources, and human advisors
Coupa and Bottomline partner to optimize and streamline payments
Coupa makes margins multiply through its community-generated AI and industry leading total spend management platform for businesses large and small
UniCredit switches to Mastercard Touch Card with accessibility features for blind and partially sighted people
Cards with this new feature are now available in Italy and will be gradually introduced over the course of 2024 to all clients in the twelve countries where the bank operates, covering some 20 million cards.
Intesa, Quid partner to drive digital transformation for isybank
Qinetic will provide its core system and functions to support isybank’s personal loan and mortgage lifecycle management, which contributes to the digital transformation of isybank
MidFirst Bank to acquire Amerant Bank’s operations in Houston, Texas
The acquisition, which builds on MidFirst’s recent growth in Texas and the Western US, includes Amerant Bank’s operations and client relationships in Houston, Texas, along with employees working at all 45 Amerant Bank locations
Skyline Bankshares announces acquisition of Johnson County Bank
Skyline Bankshares, Inc., the parent of Skyline National Bank headquartered in Floyd, Virginia, operates 27 branches in Southwestern Virginia and Northwestern North Carolina.
Finastra launches online marketplace for easy access to retail lending solutions
The site allows financial institutions to browse, directly purchase, and quickly adopt Finastra retail lending products
Bank of America’s Q1 2024 net income declines by 18% to $6.7bn
The bank reported a total revenue of $25.8bn for the first quarter of 2024, a 2% decrease compared to $26.3bn for the same period in 2023, and a pretax income of $7.3bn for Q1 2024, a 20% decline compared to $9.1bn for the same quarter in 2023