Banking Retail

Latest News for: Banking retail

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Lee Bank promotes three to first vice president positions

The Berkshire Eagle 25 Mar 2023

Paula Gangell-Miller PHOTO PROVIDED BY LEE BANK ... McKie has been promoted to first vice president of retail banking. She joined Lee Bank in 2010 and has grown from the universal banker/teller role to branch manager and now to running the entire branch network and all retail channels.

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Lloyds shares: a once-in-a-decade opportunity at a P/E ratio below 7?

The Motley Fool 25 Mar 2023

Shares in Lloyds Banking Group (LSE.LLOY) are trading at around 47p ... It’s unusual to find shares in the UK’s largest retail bank trading at these levels ... Part of the reason for the low prices is the uncertainty around bank stocks at the moment ... But the Bank of England has increased them from 0.1% at the start of 2022 to 4.25% today.

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South Indian Bank ties up with CBDT for direct tax collections

Business Line 25 Mar 2023

South Indian Bank has associated with the Central Board of Direct Taxes (CBDT) for direct tax collections from retail and corporate taxpayers ... The bank’s ...

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Jessica Elliott named assistant vice president, branch manager at Salisbury Bank branch in Millerton, NY

The Berkshire Eagle 25 Mar 2023

She had worked in many retail department roles, most recently as assistant branch manager of Salisbury ...

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IndusInd Bank appoints Vikas Muttoo as COO of Bharat Financial Inclusion

Business Line 25 Mar 2023

Muttoo has over 27 years of experience across banking and financial services including Microfinance, Retail banking, ...

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Scholz says ‘no reasons for concern’ as German largest bank’s shares slump

Russia Today 25 Mar 2023

The FT itself also noted that, although Deutsche Bank managed to recover following what it called "years of scandal and controversy," its domestic retail lender was barely profitable, and its asset management unit was hit by the so-called greenwashing scandal, when it was ...

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Catering to unique requirements of Indian startups at Gujarat's Gift City: Bank of Baroda

Beijing News 25 Mar 2023

"The Bank's IFSC Banking Unit in GIFT City is the first and only bank to provide transaction-based Internet Banking facility to its retail and corporate customers, including startups, in three major foreign currencies i.e., US Dollar, Euro and British Pound Sterling," the release said.

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Business people: Fort Wayne area hirings and awards

Fort Wayne Journal Gazette 25 Mar 2023

Wallen with Lake City Bank ... Slone was promoted to retail banking officer at its Warsaw west branch.

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Do NH banks’ policies and practices make them more resilient to industry turmoil?

The Keene Sentinel 25 Mar 2023

“It’s not a bank,” he would say, “it’s a bond fund.” Had the bank not been acquired, but continued doing business as usual, it would not have survived the turmoil currently roiling the industry ... These banks primarily serve retail customers and consequently have broad deposit bases with little or no uninsured deposits.

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Small businesses slammed by higher rates cut their borrowing

Irish Independent 25 Mar 2023

Compared to European peers, short-term debt is simply too expensive here, and the application criteria remain onerous.”The Strategic Banking Corporation of Ireland, which distributes the subsidised FGLS, said it too had experienced a slowdown in demand at the end of the ...

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Fears of financial contagion could keep gold near record highs

The Times of India 25 Mar 2023

The share price of US regional banks recovered, while safe-haven assets took a hit ... Going forward, we expect record-high prices to have an impact on domestic retail demand. However, central bank buying coupled with ETF inflows might more than offset it ... Banking sector fears continue to haunt risky assets.

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Fear-induced demand is driving up gold prices, Goldman Sachs says

The National 25 Mar 2023

The price of gold has risen to levels not registered since March 2020, on the back of banking and funding stress and a sharp rise in the market-implied probability of a US recession next year, the investment bank said ... Global gold demand hit 11-year high in 2022 on retail and central bank purchases.

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Pikes Peak Small Business Development Center lands new leader

Marietta Daily Journal 25 Mar 2023

Brandon Eldridge, with more than 22 years of ...

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Egg producers rebounding to meet demand that surges with holidays

Fort Wayne Journal Gazette 25 Mar 2023

The higher cost of eggs, a common grocery staple, has weighed not just on consumers, but on a prominent, low-price retailer ... In the past, Savoie said, the food bank received at least one egg donation a month, whether from a producer or through a retailer, such as Walmart.

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PEOPLE AND BUSINESS

The Paducah Sun 25 Mar 2023

Independence Bank is among the businesses included in the 19th annual Best Places to Work in Kentucky list ... He began his career in the Client Service Center, taking on several different positions since, including relationship banker, loss mitigation specialist, relationship banker team leader, and retail banking manager.