Biggest US banks hike dividends, announce share buybacks after acing stress tests

U.S. banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve's annual health check last week. Read More

Santander launches US digital bank to cut cost of auto lending

To try and gain market share in deposits in the U.S., Santander is initially offering a yield of 5.25% on its savings account, higher than Goldman Sachs' , opens new tab digital bank Marcus that ... Read More

U.S. banks are dangling promotions to lock in customer deposits, analysts say | Reuters

U.S. banks are trying to woo depositors by offering signing bonuses to open new accounts or deposit money on a regular basis. The promotions are running at a time when the failures of Silicon ... Read More

Small US Banks Lose $109 Billion in Deposits in a Single Week

Weekly data collected by the Federal Reserve showed that large banks gained $120 billion in deposits while their smaller counterparts lost $109 billion, Moody’s Corp. said in a research report ... Read More

US banks' second quarter earnings: the results in charts

July 21 (Reuters) - U.S. banks benefited from higher interest rates in the second-quarter, driving a rally in major indexes, but lower consumer spending, slower loan growth and the increased costs ... Read More

ANALYSIS-US regional bank profits to be squeezed by pressure to pay for deposits - Nasdaq

For instance, the second-largest U.S. lender, Bank of America BAC.N, pays an average 0.34% to consumer depositors, while Utah-based Zions Bancorp ZION.O pays about 2.10% for deposits and interest ... Read More

US banks to gain from looser capital, merger policies under Trump

US banks to gain from looser capital, ... U.S., November 24, 2020. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights, ... Reuters, the news and media division of Thomson Reuters, ... Read More

JPMorgan amasses deposits as customers move money to largest U.S. bank | Reuters

JPMorgan Chase & Co on Friday reported a surge in deposits in the first quarter, as the sudden collapse of two U.S. regional banks in March drove customers to move their money to bigger lenders. Read More

Small U.S. banks see record drop in deposits after SVB collapse

Deposits at small U.S. banks dropped by a record amount following the collapse of Silicon Valley Bank on March 10, data released on Friday by the Federal Reserve showed. Read More