Daily business news in the Great State of New York!
BUFFALO — To help safeguard the safety and well-being of its employees and customers, M&T Bank announced it will open lobbies by appointment only effective Monday. As an essential business to the communities it serves, M&T Bank will keep its branches open for the foreseeable future with a modified service model in order to serve […]
NEW YORK — Citi, one of the world’s largest banks, announced it will offer assistance to impacted customers of the CoronaVirus (COVID-19) in the U.S. through a range of measures, including fee waivers for Citibank customers, hardship programs, and additional small business support, such as extended banker availability. “This is a rapidly evolving situation and […]
NEW YORK — Jamie Dimon, CEO of JPMorgan Chase and one of the best known executives on Wall Street, underwent emergency heart surgery Thursday morning after experiencing chest pains. The 63-year old Dimon experienced an acute aortic dissection and doctors performed emergency heart surgery to repair the dissection. He is expected to make a full […]
Ally Financial, a banking company that is a major provider of auto loans and operates online bank Ally, has agreed to buy CardWorks in a deal valued at approximately $2.65 billion. CardWorks is based in Woodbury, NY and is a privately held company with $4.7 billion in assets and $2.9 billion in deposits. Under the terms of the […]
NEW YORK — Citi, one of the world’s largest banks, is launching a new no annual fee credit card, Citi Rewards+, that gives cardmembers the ability to earn more points on everyday purchases – even the small ones. Starting January 10, the Citi Rewards+ card will round up to the nearest 10 ThankYou Points on […]