Citi rejects Grupo Mexico’s $9.3B offer for Banamex
Citi Rejects Grupo Mexico’s Offer to Buy Banamex On Thursday, Citi made a significant decision to reject the offer made by mining and transportation conglomerate Grupo Mexico to purchase Banamex for approximately $9.3 billion. The rejection came after careful consideration of the proposal, taking into account various factors such as financial considerations and transaction certainty. […]
Serving the whole client: Why holistic wealth management is the future of advice
Many advisors claim to offer “comprehensive” wealth management, but a surprising majority overlook a critical pillar of that promise: estate planning Many financial advisors pride themselves on providing comprehensive wealth management services to their clients. However, a significant number of them fail to address a crucial aspect of financial planning: estate planning. Despite the fact […]
SVB – Managing Director II, Healthcare Banking
Overview of the Managing Director II Role in Healthcare Banking The position of Managing Director II in Healthcare Banking is located in San Francisco. The role is part of a partnership between Silicon Valley Bank (SVB) and First Citizens, two financial institutions that bring together a 125-year tradition of service, the strength and stability of […]
Banking Officer I, II, III, IV, or V
About ANB Bank ANB Bank is a financial powerhouse with its financial strength embodied in assets amounting to $3 billion. Founded on the principles of commitment to excellence, the bank positions itself as a true community bank that is deeply invested in the prosperity of its communities. This commitment is expressed through strategic investments, sponsorships, […]
Relationship Manager Nonprofit & Institutional Banking
Understanding the Role of a Relationship Manager in Non-profit & Institutional Banking As the financial landscape continues to evolve, so too does the role of a Relationship Manager in the banking industry. Particularly in the non-profit and institutional banking sector, Relationship Managers play a vital role in fostering and managing relationships with commercial clients. This […]
Latitude slammed in AFCA review of cyber breach
Latitude Financial’s Cyber Breach: A Critical Review In March 2023, a significant cyber breach occurred at Latitude Financial, resulting in a data leak that could have been prevented. This conclusion was drawn by an independent expert from the ‘R firm’, who was commissioned to conduct a review by the Australian Financial Complaints Authority (AFCA). The […]
J.P. Morgan’s Anu Aiyengar on on M&A, the markets, and making it in investment banking
An Interview with Anu Aiyengar, Global Head of Advisory and M&A at J.P. Morgan As the Global Head of Advisory and M&A at J.P. Morgan, Anu Aiyengar plays a significant role in the world of investment banking. Recently, Aiyengar sat down for an interview with American Banker’s Editor-in-Chief, Chana Schoenberger, to share insights about her […]
VP, Government and Institutional Banking
Understanding the Role and Responsibilities of a VP in Government and Institutional Banking As the business landscape continues to evolve, so does the role of banking and financial services in supporting and driving economic growth. One crucial position in this sector is that of a Vice President (VP) in Government and Institutional Banking. This role […]
Manager Business Banking | Winston-Salem, NC, USA
First Citizens: A Bank That Stands Strong and Committed First Citizens represents strength, tenacity and a relentless commitment to helping individuals and businesses prosper. These attributes, along with their robust leadership and unwavering values, are what set them apart in the financial world. Their dedication to developing and expanding diverse business and commercial relationships is […]
NBER paper explores drivers of collateral prepositioning
Understanding Why US Banks Pledge Certain Collateral at the Federal Reserve Research into the financial operations of US banks has shed light on an intriguing aspect: many banks choose to pledge only a portion of their unencumbered collateral at the Federal Reserve. The study, conducted by Gary Gorton, Chase Ross, and Sharon Ross, reveals that […]