June 5, 2025

Banking

Banking

Truist names Claudia Davis Adamson as head of small business banking

CHARLOTTE, N.C., April 1, 2025 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced it has hired Claudia Davis Adamson as head of small business banking. As part of Consumer and Small Business Banking, Adamson will lead the team serving small business clients with personalized advice and specialized financial solutions delivered through caring partnerships within the

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Banking

Wellesley Hills Financial Launches Specialty Payments Marketplace to Provide Top-tier Investment Banking and Advisory to Merchant Acquirers

BOSTON, April 01, 2025–(BUSINESS WIRE)–Wellesley Hills Financial (“WHF”), the leading payments, fintech and B2B software investment bank in the lower middle-market, is proud to announce the launch of Merchant Portfolios, a new marketplace dedicated to helping payments companies maximize investment and optimize returns through accessible, high-level financial services. The new business unit will provide payments

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Banking

The Most Powerful Women in Banking 2025: Call for Nominations for Banking, Finance and Top Teams

Enjoy complimentary access to top ideas and insights — selected by our editors. Now in its 23rd year, American Banker‘s The Most Powerful Women in Banking and its companion ranking, The Most Powerful Women in Finance, pay tribute to individual senior executives whose leadership and performance have had a substantial business, financial and cultural impact

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Banking

Wall Street Predicts More Growth For Digital Banking Platform Dave: Here’s What You Need To Know – B. Riley Financial (NASDAQ:RILY), Dave (NASDAQ:DAVE)

Digital banking platform, Dave Inc. DAVE has been on a fiery streak in recent months, up 121% since Nov. 2024. However, according to leading Wall Street analysts, the California-based bank is only just getting started, with plenty of growth in the years ahead. What Happened: Analysts see strong upside in the stock, with almost all

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Banking

State Bank of India Internet Banking Services Hit By Technical Issues

State Bank of India (SBI) customers faced disruptions today in internet and mobile banking services for the second time this month due to “technical issues”. The glitch affected users across the country, causing failures in mobile banking and fund transfers. Data from Downdetector showed a surge in reports of SBI mobile banking outages, peaking between

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Banking

SBI online banking, UPI services disrupted: Here’s what PSU bank said

SBI Login, SBI Online Banking: According to Downdetector, complaints regarding SBI’s mobile banking surged significant in the last couple of hours with max being at around 1:36 pm today. SBI Login, SBI Online Banking: The customers of the State Bank of India (SBI), the country’s largest public sector bank, are facing issues while using online

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Banking

First Horizon’s market president recognized for philanthropic leadership

Last night, when Debra Vasilopoulos headed out to the annual Alexis de Tocqueville Society dinner ― the Town of Palm Beach United Way’s annual tribute to its big donors ― she knew what to expect. As a member of the Tocqueville Society, she’s been there many times before. It’s an intimate gathering of philanthropy-minded individuals.

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Banking

Banking hub for Presteigne customers available for 3 hours

Lloyds shut its branch in the Powys border town on March 3, but says customers will still be able to access banking services once a week, with the launch of its banking hub service. The service was launched on Tuesday, March 18, although it is only available every Tuesday in town, and for just three

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Banking

A New Era Of Financial Services Begins

A hand puts a Bitcoin in a jar, filled with dollar bills (Photo by Thomas Trutschel/Photothek via … More Getty Images) Photothek via Getty Images Before the introduction of Bitcoin, around 2008, Wells Fargo included the phrase “Banking is necessary. Banks are not” in its 2004 annual report. The adoption of digital assets by traditional

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Banking

What Makes Wells Fargo & Co. (WFC) One of the Best Franchises in Banking?

Hotchkis & Wiley, an investment management company, released its “Hotchkis & Wiley Large Cap Fundamental Value Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The Hotchkis & Wiley Large Cap Fundamental Value Fund returned – 0.91% in the fourth quarter, outperforming the Russell 1000 Value Index’s -1.98% return.

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