Marketing Banks Articles

JPMorgan buys First Republic Bank's assets

FDIC Seizes First Republic Bank JPMorgan to Take Control Amidst Regional Bank Crisis

While JPMorgan claims to have saved the day, the acquisition appears to have been solely for their own benefit, with an estimated $5 billion profit over the next five years, while the FDIC is set to cover $13 billion in losses. This acquisition has led to the stock prices of regional banks plunging, with every regional bank stock down today.
First Republic Bank (FRC)

Is First Republic Bank the Next Domino to Fall in the Banking Crisis?

Investors are panicking as First Republic Bank teeters on the brink of collapse. Depositors have withdrawn over $100 billion in the past month alone, sparking fears that the bank could be the next domino to fall after the disastrous failure of Silicon Valley Bank.
Market Crash

Deposit Flight Intensifies as Customers Withdraw Funds from Three Major US Banks

Leading US financial institutions, including Charles Schwab, State Street, and M&T, faced significant challenges in the first quarter as customers withdrew almost $60 billion in combined bank deposits. This trend has been accelerated by the recent collapse of Silicon Valley Bank and two other US lenders, resulting in cash moving out of bank accounts at a pace not seen since the aftermath of the 2008 financial crisis.
marketing trends

4 Bank Marketing Trends to watch in Q2 of 2023!

The banking industry is expected to see some key marketing trends that will influence how financial institutions connect with customers. Here are four current trends that are expected to shape bank marketing strategies in the coming year:
Digital marketing banking

Banks still struggling with Digital Marketing

Despite the rapid growth of digital technology in the banking industry, the level of digital marketing maturity is still lagging behind in comparison to other industries. A recent study revealed that while many banks have implemented some form of digital marketing, only a few have reached an advanced stage of maturity.
Digital banking trends

Digital Banking Trends: The Rise of AI and Eco-Customers

The banking industry has significantly changed its marketing strategies in recent years due to technological advancements, shifting consumer behaviors, and increased competition. As the world becomes increasingly digital, banks and credit unions must adapt to new marketing techniques to maintain a competitive edge. In this article, we will explore the future of bank marketing and the strategies banks must adapt to remain relevant in an ever-changing industry.