Scotiabank steps into U.S. consumer market with KeyCorp deal; banks pitch debit cards to children
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
KeyCorp says $2.8B deal with Scotiabank will help it be 'front-footed': The Cleveland bank wasn't seeking capital but saw the benefits of Bank of Nova Scotia's minority stake. Scotiabank becomes KeyCorp's largest investor and steps into the U.S. consumer market.
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Two key lessons from the CrowdStrike outage: Automatic updates and data encryption have their advantages. As many CrowdStrike customers learned on July 19, they also have disadvantages.
Why banks' youth pitch is getting younger: Westpac, Capital One and JPMorgan Chase are offering savings accounts and debit cards to children below 10, using financial literacy to get an edge in building consumer relationships.
Fintech secures jersey partnership with Minnesota Timberwolves: Buy now/pay later fintech Sezzle has partnered with the National Basketball Association team to have its brand represented on the Timberwolves' uniforms until 2027.
Women executives in banking and finance are invited to join us at our annual Most Powerful Women in Banking Conference , Oct. 22 and 23, 2024, in New York City.?
Sentencing of Kansas failed-bank CEO delayed: A judge postponed by 11 days the scheduled sentencing date for Shan Hanes, the ex-CEO of Heartland Tri-State Bank who admitted to embezzling $47 million from the lender, leading to its downfall.