Cardworks Buys Ally Bank’s Credit Card Business
CHARLOTTE, NC and WOODBURY, NY — Ally Financial Inc. and CardWorks, Inc. have entered into a definitive agreement for CardWorks, and its…
Category: Banks
Webster Bank Opens Private Banking Office in Garden City
Webster Bank, a Connecticut-based bank with locations from New York to Massachusetts, has opened its newest Private Banking office in…
JPMorgan Chase Promotes New Executives
NEW YORK — JPMorgan Chase announced departures and promotions for several senior executives as it continues to build on its…
Morgan Stanley Adds 173 New Managing Directors
NEW YORK — Financial services firm Morgan Stanley has announced the appointment of 173 Managing Directors. The number of directors…
Goldman Sachs Elects 95 New Partners
Every two years, investment bank Goldman Sachs names its new partner class. This year, 95 individuals have been named partner…
Flagstar Bank Cuts 700 Jobs
HICKSVILLE, NY — Flagstar Bank, a subsidiary of New York Community Bancorp, Inc., announced it will cut 8% of its…