Browsing: Bank

Mercantile Bank Corp. in Grand Rapids, Michigan, benefited from a 20% increase in deposits in 2024.Luke Petro/Wirestock Creators – stock.adobe.com A tight focus on deposits helped…

The Bank of Canada’s fourth-quarter consumer expectations survey reveals that despite recession concerns, 22.4% of respondents see a greater than 50% chance of moving to a…

Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income.Here’s what the company reported:Earnings: 82 cents…

Goldman Sachs should be particularly helped by President-elect Donald Trump’s preference for deregulation, Bank of America suggested. Less oversight can boost investor confidence that Goldman will…

How to open a bank account online Source link

Pulaski Savings Bank, a $49.5 million asset Chicago-based community bank, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance…

Citizens Financial Group is starting to see the payoff from major investments in its private bank and its wealth business.The company’s private banking unit hit profitability…

Welp, another day in 2025, another mortgage lender calling it quits. This time it’s depository Washington Federal Bank, or WaFd for short.The Seattle-based bank, which has…

UPDATE: This article includes quotes from CEO Brian Moynihan and CFO Alastair Borthwick, as well as new details on Bank of America’s guidance for 2025.Bank of…

Rep. Andy Barr, R-Ky.Bloomberg News WASHINGTON — Rep. Andy Barr, R-Ky., is reintroducing a bill that would make it easier for new banks to form. Although Barr…