In today’s top payments news, businesses in China are offering steep discounts to encourage people to start spending again, and big businesses in Europe, North America and South America have drawn at least $124.1 billion from credit lines. Also, Brex buys three companies to expand...
China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity support to small and medium-sized banks. Reuters reported that People’s Bank of China made the statement during a meeting with...
Small banks that rely on technology providers Fiserv, FIS and Jack Henry & Associates are starting to revolt, arguing the companies are making it more difficult for them to compete against larger banks. According to a report in The Wall Street Journal citing executives at some of...
Bank OZK, the Arkansas lender, saw its stocks plunge late last week after it took a more than $45 million write-down on two commercial real estate loans, stoking fears that small banks in the U.S. are taking on too much commercial real estate loan risk....
February 06, 2018
Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets. When taken together, these banks control about 20 percent of all deposits. Individually, though, they are often regarded as too small to garner an enthusiastic […]
April 16, 2023
This week will be a momentous one for the country’s small and midsized banks. A number of these financial institutions are set to report earnings in the days ahead, thus showing the fuller impact of the outflow of deposits during the recent banking crisis, a Sunday (April 16) Wall Street Journal (WSJ) report noted. “It’s […]
June 10, 2019
China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity support to small and medium-sized...
April 12, 2019
Small banks that rely on technology providers Fiserv, FIS and Jack Henry & Associates are starting to revolt, arguing the companies are making it more difficult for them to compete...
October 22, 2018
Bank OZK, the Arkansas lender, saw its stocks plunge late last week after it took a more than $45 million write-down on two commercial real estate loans, stoking fears that...
