Global Payments hits the road amid small business battle
The company’s Genius World, a miniature town that showcases different merchant types, is part of a plan to get the technology in front of more retailers.
BMO cites ‘good progress’ in push to boost U.S. profits
The Canadian bank, which generates a significant portion of its revenue in the states, is on a path toward higher returns in the U.S., executives said Tuesday.
A wave of calculators goes after advisors hoping to estimate their value
Recruiter Jeff Nash of Bridgemark Strategies created five calculator tools that aim to help financial advisors understand the key contributors to their revenue, expenses and take-home compensation as they weigh their potential next moves.
Postal carriers charged in $24M Houston check theft
The checks were drawn on accounts at JPMorganChase, Citibank, BMO, Stellar Bank and Amegy Bank. The largest single check ran just over $1.5 million.
Maximize tax-free Social Security income with this IRA withdrawal strategy
As clients consider when to claim Social Security, an advisor proposed a strategy to maximize tax-free retirement income using certain benefits and senior deductions.
Federal agencies reverse Biden-era credit guidance
Seven federal agencies rescinded a 2022 guidance that encouraged creditors to offer special purpose credit programs to underserved communities.
Canadian banks downplay risk from U.S.-Canada trade fight
The CEOs of BMO Financial Group and Scotiabank said Tuesday that potential impacts from the escalating trade war are “manageable.” But analysts worry that the fight will continue to widen.
Home prices trail inflation again: where growth still holds
Price gains slowed to a crawl from May to June, specifically in the West, but Central and East Coast regions showed steady year-over-year gains.
Scotiabank tops estimates on capital markets, international unit
Scotiabank is almost three years into a new strategy under CEO Scott Thomson and this is a pivotal year for the bank to begin showing results.
Banks put up strong earnings, lending in Q2
The Federal Deposit Insurance Corp. reported that strong profits and improvements in asset quality contributed to a strong earnings quarter for the banking industry, though capital declined and securities losses remained elevated.