Inflation ended 2025 at 5.1%, missing the central bank’s 3% target for a fifth consecutive year, according to Clavijo. She said inflation expectations rose late in the year and increased further after the announcement of a 23.7% minimum wage increase for 2026. In January, Banco de la República raised its policy rate by 100 basis points, and Clavijo said her updated view calls for year-end inflation of 6.4% and at least 200 basis points of additional policy-rate increases, which could weigh on growth.Chief E ...

Stock Repurchase Program - Valley National Bancorp's Board of Directors approved a new stock repurchase program for up to 25 million shares of common stock, effective from April 27, 2026, to April 27, 2028 [1][2] - The current stock repurchase program is set to expire on April 26, 2026, unless terminated sooner [1] Repurchase Methods and Flexibility - Repurchases can be conducted through various methods, including open market purchases and Rule 10b5-1 trading plans, in compliance with SEC regulations [2] - The program does not obligate Valley to acquire a specific number of shares and can be suspended or discontinued at the company's discretion [2] Company Overview - Valley National Bank, a regional financial institution and principal subsidiary of Valley National Bancorp, has approximately $64 billion in assets and operates over 200 offices across several states [3] - The bank offers a full range of consumer, commercial, and wealth management solutions, emphasizing a relationship-led approach to support community investment and corporate citizenship [3]

He also emphasized ongoing technology investment, including increased focus on AI. Thomson cited “Ask AI,” an internal tool used for employee policy and product guidance, which processed over 450,000 queries in Q1 across multiple channels. He also referenced a Tangerine AML AI pilot that showed a 37% reduction in existing alert volumes , with the bank now designing an internal solution to improve precision and reduce false positives.Thomson said Scotiabank’s ROE is tracking ahead of its Investor Day expecta ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

The bank, according to the Justice Department documents, filed a suspicious activity report on more than $1 billion in transactions involving Epstein and other "current, former and non-JPMC customers." While the document is undated, it references wire activity from October 2003 to July 2019 and lists several people and entities, including Black and Shuliak.JPMorgan was, for years, Epstein’s go-to bank. Between the late 1990s and 2013, Epstein moved money through dozens of accounts there. Details of that rel ...

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., October 21, 2025.JPMorgan Chase CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence on its workers, part of what he said should be a broader societal response to the potentially disruptive nature of AI.Dimon described at an investor meeting late Monday his bank's internal plans ...

There's no denying it. Nu Holdings (NYSE: NU) has been an incredibly rewarding stock of late. Shares of the online-only bank serving consumers in Brazil, Mexico, and Colombia spiked in value by 60% last year, adding to 2024's gain of 25%. It's still going strong, too. And that's the problem. While you should be willing to pay a premium for a quality stock, that doesn't necessarily mean you have to, particularly when there's a similar alternative available at a more attractive price. Will AI create the wo ...

JPMorgan Chase & Co. (NYSE:JPM) acknowledged in a court filing that it shut down bank accounts tied to President Donald Trump and several of his businesses after the Jan. 6, 2021, Capitol riot, a point now sitting at the center of Trump's $5 billion lawsuit against the lender and its chief executive. The admission lands as Trump has argued that the move was political "debanking" pushed by the Biden administration, saying he had about 20 days to shift hundreds of millions of dollars. CNBC reports the bank' ...

The sharpest decline was seen at Banking system liquidity has remained in a daily average surplus of '2.56 lakh crore in February so far, easing short-term funding conditions and bringing down overnight and money-market borrowing rates. However, despite banks holding surplus liquidity, this has not translated into an improvement in liquidity coverage ratios. Flowing Out OMOs have infused cash into banks, but credit-deposit ratio is at a record 82%"Banks are sitting on cash which they have through open mark ...

ZIONS BANCORPORATION TO PRESENT AT THE RBC CAPITAL MARKETS 2026 GLOBAL FINANCIAL INSTITUTIONS CONFERENCE [Accessibility Statement] Skip NavigationSALT LAKE CITY, Feb. 24, 2026 /PRNewswire/ -- Scott McLean, President and COO of Zions Bancorporation, N.A. (NASDAQ: ZION), will make a presentation at the RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 10th at 11:20 am Eastern. An audio webcast of the session may be accessed on the Zions Bancorporation website, [zionsbancorporation ...