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张家港农商银行受邀参加青商会年度盛会
Jiang Nan Shi Bao· 2026-02-24 21:28
2026年,张家港市青年商会持续推动"青商聚力携爱同行"青少年公益项目品牌实施,共认购各类公益项 目21个,涵盖困境关爱、科普宣教、素质提升、民族团结等7个类别,认购金额达32.5万元。该行积极 响应号召,以实际行动支持青少年公益事业发展,彰显了金融机构的责任与担当。邓璐陈依茗 吴开与团市委书记季君理、市青年商会秘书长申明翔共同启动"青动力"青年商业生态圈共建计划。该计 划由团市委、市青年商会与该行联合发起,旨在全面推进青年发展型城市建设,激发青年企业家在商业 创新与城市更新中的引领作用。 "青动力"计划将为青年经营主体提供"金融赋能、宣传赋能、场景赋能"的多元支持体系,构建"以大带 小、以强促新、资源共享、生态共荣"的青年商业发展格局。吴开表示,张家港农商银行将充分发挥金 融主力军作用,通过定制化金融产品、专属服务方案和全方位资源对接,为青年企业家搭建成长平台, 助力青年企业实现高质量发展。 灵蛇辞旧启华章,骏马迎春踏新程。近日,"同心驭势开新局骏业腾云万象辉"张家港市青年商会、新一 代企业家商会2025年度交流分享会隆重举行,张家港农商银行党委副书记、行长吴开受邀出席,以金融 之力赋能青年商业生态发展。 ...
Grupo Cibest Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-24 21:22
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 ...
Valley National Bancorp Announces Adoption of Share Repurchase Program
Globenewswire· 2026-02-24 21:06
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]
Bank of Nova Scotia Q1 Earnings Call Highlights
Yahoo Finance· 2026-02-24 20:24
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 ...
Gold revaluation wouldn't fix U.S. debt, but would reset fiscal optics - SocGen
KITCO· 2026-02-24 20:17
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 ...
Epstein Lurked at JPMorgan for Years After Bank Kicked Him Out
Yahoo Finance· 2026-02-24 20:09
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 says AI is already reshaping JPMorgan Chase's workforce as bank plans 'huge redeployment’
CNBC· 2026-02-24 20:00
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 ...
I Still Like Nu Holdings Stock, But Right Now, I Like This Alternative Even Better
Yahoo Finance· 2026-02-24 19:33
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 Acknowledges Shutting Down Trump Accounts After January 6
Yahoo Finance· 2026-02-24 19:31
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' ...
Banks' liquidity buffers shrink as deposits lag credit growth
The Economic Times· 2026-02-24 19:06
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 ...