Banking

Banking
Bank of America Plans 150 New Branches by 2028
May 13, 2025

Bank of America plans to open 150 new locations by the end of 2027. 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....

Banking
Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined
May 09, 2025

Private credit exists as an essential part of the capital spectrum, especially for firms that cannot get, or choose not to get, traditional bank channels. The private credit firms — including venture capital companies, buyout funds, hedge funds, direct lenders and others — are in...

Banking
HSBC Offers Trade Finance Tool to American Business Customers
May 07, 2025

HSBC has introduced a way to help American clients pay import duties. 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. By completing...

Banking
Citigroup CEO: US Businesses Delay Investments, Hiring Amid ‘Limbo’ of Tariff Uncertainty
May 05, 2025

Citigroup CEO Jane Fraser said Monday that most of the Wall Street bank’s business clients believe they can cope with U.S. tariffs of up to 10% on foreign countries, including China, but that levies any higher would make things difficult. Get the Full Story Complete...

Banking
Santander Sells Bulk of Polish Banking Business for $7.9 Billion
May 05, 2025

Santander is selling a majority of its Polish business to Austrian bank Erste Group. 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. By...

Banking
California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks
May 05, 2025

FinTech sponsor banks have had a difficult 18 months. 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. By completing this form,...

Banking
Square Updates Banking Offering to Bolster Business Cash Management
April 30, 2025

Square has debuted banking tools designed to help sellers gain instant access to their funds. 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
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
April 25, 2025

How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High Interest Rates,” surveyed 2,364 U.S. consumers and analyzed additional economic data to explore the financial standing and sentiment amid inflationary...

Banking
Report: Trump Seeks Reintroduction of Cannabis Banking Bill
April 24, 2025

President Donald Trump is reportedly advocating behind the scenes for a cannabis banking bill like those that have stalled in the Senate in the past. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...