Webster Bank Names Head of Business Banking
Stamford-based Webster Bank has promoted Kathleen Stanley to the role of executive managing director and head of business banking.
Stamford-based Webster Bank has promoted Kathleen Stanley to the role of executive managing director and head of business banking.
While three-quarters of U.S. small businesses want to receive financial advice from their bank, most do not receive the kind of comprehensive advice that would help a small business grow, according to a recent study from J.D. Power.
Citizens has launched a new product that will let corporate clients give employees on-demand access to their earned pay, the Providence-based bank said in a statement.
The chief economists of the continent’s largest banks say they believe conditions in the business and consumer credit markets will improve over the next six months.
KeyBank’s Connecticut operations has hired several bankers and made some organizational changes.
Boston-based fintech Numerated launched an expansion of its digital business banking services platform yesterday, with People’s United Bank as a launch customer.
Small business owners are not exactly feeling the love from their banks.
Bank of America Corp.’s co-head of consumer and business banking said on Tuesday he expects the consumer banking unit’s efficiency ratio to remain flat or improve further as it cuts more costs tied to moving physical checks and cash.
Business owners may associate their bank with making loans and taking deposits, but as payments fraud looms, bankers are meeting the need with sophisticated cash management and fraud prevention tools.
First County Bank has hired Jagjiwan Singh as business banking division assistant vice president and business development officer.