Banking

Banking
QED’s Gerety on Raising $925M to Help FinTechs Go Where Banks Still Don’t
May 30, 2023

The death of FinTechs — and of FinTech funding — has been greatly exaggerated. 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
JPMorgan Chase Cuts 500 Technology and Operations Roles
May 26, 2023

JPMorgan Chase has reportedly cut 500 positions, most being technology and operations roles. 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
Citigroup Plans IPO for Mexican Banking Unit Banamex
May 24, 2023

Citigroup says it has decided to take its Mexican retail banking unit Banamex public. 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
JPMorgan On Track to Deliver $1 Billion in Value Through AI
May 22, 2023

For J.P. Morgan, and as evidenced at its investor day on Monday (May 22), a few things remain the same. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Yellen Reportedly Says Banking Industry May Need More Mergers
May 19, 2023

There may be more bank mergers on the way. 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
SVB’s ‘Twitter-Fueled’ Collapse Makes Banks Reassess Social Media
May 18, 2023

Lenders are reportedly examining their social media strategies following recent banking failures. 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
Community Banks May Find GPT More Friend Than Foe
May 17, 2023

The downfalls of Silicon Valley Bank, Signature Bank and First Republic have changed the conversations smaller financial institutions are having with their clients. 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...

Banking
Senators Skewer Failed Bank Execs for ‘Stupid Bets,’ Selfish Management
May 16, 2023

The failures of Silicon Valley Bank (SVB) and Signature Bank were unlike any in history. 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
Former SVB CEO Blames Fed Rate Hikes and Online Rumors for Bank Failure
May 15, 2023

Federal Reserve rate hikes and online rumors and misconceptions contributed to the collapse of Silicon Valley Bank. 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...