Americas
Banking and finance news from North America, Latin America, and the Caribbean
Third Federal CFO Meredith Weil to Retire in 2027
TFS Financial Corporation announced the retirement of veteran CFO Meredith S. Weil effective January 2027, with James E. LaRocca set to succeed her after joining as Finance and Accounting Officer in June 2026. The transition caps Weil's nearly three-decade tenure at the Cleveland-based thrift.
Brazil's Itaú Unibanco Deploys $1B Green Finance Initiative Across Latin America
Latin America's largest bank by market capitalization launches a major sustainable lending framework targeting climate-resilient infrastructure and ESG-compliant projects across the region.
Scotiabank Canada Boosts Q1 Profit 9% on US, LatAm Gains
Bank of Nova Scotia reported Q1 2026 adjusted EPS of C$1.18, surpassing estimates with a 9% profit rise to C$2.1 billion, fueled by 11% loan growth in Latin America and steady Canadian deposits. International ops drove 52% of earnings.
Republic Bank Taps Vitarelli for Florida Market President Role
Republic Bank & Trust Company has appointed Frank Vitarelli, a 25-year veteran of Tampa Bay banking, as its Florida market president to drive expansion in the Sunshine State. The move follows a deliberate search and bolsters the bank's $7 billion asset base amid regional growth.
Argentina's Ualá Teams with Mastercard on Colombia Debit Cards
Argentine fintech Ualá has partnered with Mastercard to roll out physical and virtual debit cards in Colombia, just after securing a full banking license. The move targets 2 million users this year amid fierce regional competition.
Mexico's Banorte Deploys Tap-to-Pay Across 50,000 Merchants
Banorte and Clip's partnership marks a watershed moment for Mexico's digital payments infrastructure, positioning the nation's third-largest bank to capture surging demand for contactless transactions in Latin America's second-largest economy.
Atlantic Union Bankshares Schedules Virginia Bank's Q1 2026 Earnings Release
Richmond-based Atlantic Union Bankshares will disclose Q1 2026 results before market open on April 21, followed by a 9 a.m. ET investor webcast. The announcement signals steady preparation amid regional banking dynamics.
US OCC Grants VALT Conditional Charter for Digital SMB Banking
Digital-only business banking startup VALT has secured conditional national charter approval from the Office of the Comptroller of the Currency, positioning itself to launch full-spectrum banking services for small and midsize businesses across the United States.
Trustmark Bank Taps Owens as COO, Bond as CFO
Trustmark Bank will elevate Thomas C. Owens to Chief Operating Officer and install Joseph E. Bond as Chief Financial Officer, both effective May 1, 2026, in a seamless internal leadership transition. The moves underscore the bank's focus on operational excellence amid growth ambitions.
Blue Foundry Bancorp Unveils Q4 2025 Earnings Results
Blue Foundry Bancorp released its Q4 2025 earnings on March 31, 2026, detailing financial performance for the quarter ended December 31, 2025. Investors await detailed metrics on profitability, deposits, and loan growth amid a challenging banking environment.
Citi Eyes $500B US Regional Bank Acquisition Amid Overhaul
Citigroup executives have explored buying a major US regional bank with around $500 billion in assets, such as PNC or Truist, to boost deposits and domestic presence, Bloomberg reports. The bank denies the rumors, focusing on organic growth as shares dip 4%.
Brazil's Ume Secures $28.5M FIDC Boost for Retail Lending Push
Brazilian fintech Ume has raised US$28.5 million in FIDC funding to deepen retailer partnerships and decentralize credit issuance. The capital will fuel embedded lending solutions, blending Ume's tech with merchant financing for scalable business growth.