Citigroup layoffs, Truist expansion: Top banking news for November 2023

In November's roundup of top banking news: Citigroup approaches newest wave of job cuts and managerial shifts, Truist Financial nearly doubles
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The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain
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Royal Bank of Canada's capital markets arm had 7,253 employees at the end of the last quarter, according to annual results published on 30 November,
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Amid branch closures around the country, Bank of America says it is closing one in Rancho Mirage. A Palm Springs branch also closed recently.
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Cuero-based TrustTexas Bank was found to have “unsafe or unsound banking practices relating to interest rate exposure” and other issues.
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UK grocer Tesco Plc's banking business is attracting initial interest from Lloyds Banking Group Plc, people with knowledge of the matter said.
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“I think preemptive tightening is best-practice central banking, and I hope they return to allowing that.” Reporting by Howard Schneider; Editing
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… banking partner. This solution enables institutional investors to keep trading collateral, off-exchange in the custody of a third party banking
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Analysts love this under-the-radar British banking stock — and Jefferies says it's set to double. Published Thu, Nov 30 20237:16 PM EST. thumbnail.
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In other words, it's unprofitable for the banks to hang on to these reserves. So what gives? Why would a bank hoard liquidity if (at least in theory)
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Royal Bank, TD Bank and CIBC revealed their financial results to investors before stock markets opened on Thursday, and while all three remain very
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Two executives left Fifth Third Bank for City National Bank, Goldman Sachs took up some big promotions and more.
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That all three worked before at Goldman Sachs Group Inc., another grand name of investment banking, adds a layer of spice to their story. HPS, like
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The FDIC's latest banking update shows a relatively healthy system — but banks still hold significant unrealized losses.
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Maximum benefits with minimal fees! BankMobile Vibe is a checking account for students with the power to bank anywhere, anytime.
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This report outlines the social and economic impacts of the low-carbon transition and supports banks and insurance companies in taking part in the
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Since our last Semiannual Report, the CFPB has proposed a rule to accelerate the shift to “open banking” in the United States, giving consumers the
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Ropes & Gray advised ImmunoGen in the deal that Bloomberg News said is aimed at gaining access to come of the hottest new drugs in the growing cancer
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… lending reforms that would support victim's and children's ability to stay in their own homes. 94% of victims deal with financial fallout from
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Silverton Mortgage, a leading direct residential mortgage lender, has programs that can help potential home buyers obtain a mortgage loan with no
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