As digital banking continues to expand, consumer preferences are shifting. BAI conducted surveys to reveal how behaviors are changing by generation. Read now.
The transaction would add $133 billion in assets, $58 billion in loans and $90 billion in deposits to U.S. Bank's balance sheet, vaulting the Minneapolis-based lender back into fifth place among largest retail banks in the U.S.
The NDAA goes to the Senate, a perennial foil for the SAFE Banking Act. While some Republicans would rather the pot bill get a stand-alone vote, a number of Democrats are eyeing larger reform.
Companies often use multiple cloud providers in practice, but high-profile work is aligned with one. The first five years will focus on migrating most existing applications into the public cloud, a bank executive said.
The transaction, set to close early next year, enhances Valley's commercial presence in Chicago, Los Angeles and Silicon Valley, and marks the second spinoff this week of U.S. operations by a foreign bank.
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