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Wells Fargo to integrate international business into wholesale banking Wells Fargo has announced that it will integrate its international banking business into wholesale banking unit, as part of its efforts to simplify operations.
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Citibank partners with Cardtronics to double fee-free ATM network in US Citibank announced a new agreement with Cardtronics to make available over 30,000 additional surcharge-free ATM locations in the US.
Banking Services > Retail Banking > News Butterfield exits private banking business in UK The Bank of N.T. Butterfield & Son announced that it has completed the orderly wind-down of its London-based private banking business and has fully discontinued its deposit-taking and investment management services in the UK.
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Butterfield exits private banking business in UK
The Bank of N.T. Butterfield & Son announced that it has completed the orderly wind-down of its London-based private banking business and has fully discontinued its deposit-taking and investment management services in the UK.
Banking Services > Retail Banking > News
Deutsche Bank finalizes $7.2bn deal with US authorities to settle mortgage probes
German banking giant Deutsche Bank has finalized a $7.2bn deal with the US Department of Justice to end several probes related to the firm’s sale of mortgage-backed securities.
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Middlefield and Liberty Bank complete merger
Middlefield Banc announced that it has completed its merger with Liberty Bank.
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Bar Harbor Bankshares completes merger with Lake Sunapee Bank
Bar Harbor Bankshares, the holding company for Bar Harbor Bank & Trust, has successfully completed its merger with Lake Sunapee Bank Group, the holding company for Lake Sunapee Bank.
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Swift steps up blockchain exploration with proof of concept launch
Interbank messaging network Swift has stepped up its exploration of blockchain technology with the launch of a proof of concept (PoC).
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Rakuten Europe Bank begins commercial banking operations in Europe
Rakuten announced that it has officially launched commercial banking operations in Europe with Rakuten Europe Bank.
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Bank of America sued over unpaid $542m deposit insurance
The US Federal Deposit Insurance Corporation (FDIC) has filed a lawsuit against Bank of America, accusing it of refusing to pay $542m in deposit insurance.
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