Remove Chicago Remove Marketing Remove Regional
article thumbnail

U.S. Bank branch restructuring is underway with closures in Chicago area

Bank Innovation

Bancorp is closing 21 branches in the Chicago area as part of a restructuring plan to expand its physical footprint in some markets while shrinking its presence in others, bank spokesman Evan Lapiska confirmed.

Chicago 170
article thumbnail

Uber Freight To Invest $200M To Set Up Shop In Chicago

PYMNTS

Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

Chicago 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail Pulse: Google Mulls Chicago Flagship; Sam’s Club Repurposed For eCommerce

PYMNTS

The company is reportedly looking to bring a two-story flagship store to the Windy City, according to the Chicago Tribune. The plans are not set in stone, but the paper reported that Google is “close to finalizing a lease” for multiple conjoined brick buildings in the city’s Fulton Market neighborhood. Time will tell.

Chicago 100
article thumbnail

Fifth Third Bancorp And MB Financial Merge In $4.7B Deal

PYMNTS

Once the deal is complete, the merged company will have a Chicago deposit market share of 6.5 percent, ranking in fourth place in total deposits and second in retail deposits among the close to 200 banks in the region. We view MB Financial as a unique partner in our efforts to build scale in this strategically important market.

Chicago 100
article thumbnail

CRE Credit Risk – What You Need To Know Now

South State Correspondent

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). touched off a wave of bankruptcies.

article thumbnail

Bank Earnings Call Questions – Get Ready for These

South State Correspondent

To do that, we wrote a Python script to analyze a representative sample of earnings call transcripts for regional and mid-sized banks over the past several years. Questions as a Percent of Total On aggregate, questions about the general market or economy make up about 20% of all questions asked, followed by questions about loans or credit.

Trends 195
article thumbnail

Uber Freight Branches Out Into Canada

PYMNTS

Shippers will have unprecedented visibility into their supply chains, and access the actionable market data and reliable capacity that enables their businesses to thrive. Uber Freight announced last month that it was investing $200 million to “put down roots” in Chicago.

Chicago 101