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Bank of New Madrid

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Categories: Commercial Banks
Services: Bank Account
Summary:
Company size: 11-50

Bank of New Madrid was incorporated in 1934. In recent years bank personnel has decreased to over 30 employees at all three locations. The bank does not perceive this as a negative aspect but rather as a positive step guided by the world of technology. The bank has found if an employee leaves, it may not always be necessary to replace the employee. With the aid of technology it is developing ways to become more efficient with less people.


Bank of New Madrid - Recent News & Articles

The Bank of England has proposed to consult large private capital groups, including Goldman Sachs Asset Management, Carlyle and Oaktree, on the scenario it will use to test how the $16tn market for fi...

Source: Financial Times

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Source: CNBC

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Source: CNBC

Blue Owl has blocked redemptions in one of its earliest private credit funds as it merges with a larger vehicle overseen by the asset manager in a deal that could leave investors with large losses. In...

Source: Financial Times

The Bank of England on Thursday voted narrowly to hold interest rates steady, exercising caution ahead of the government’s Autumn Budget in November. Out of the BOE’s nine-member monetary policy commi...

Source: CNBC

Huntington Bank will acquire Texas- and Mississippi-based Cadence Bank in a $7.4 billion, all-stock transaction that’s expected to close in the first quarter of 2026, the banks said Monday. It’s the s...

Source: Banking Dive

Subprime lender PrimaLend Capital Partners filed for bankruptcy protection on Wednesday, in another sign that low-income consumers in the United States are under strain. The company's filings in a Tex...

Source: Reuters

UK banks' online services are beginning to recover after a problem with Amazon Web Services (AWS) caused widespread outages across several apps and websites. According to website Downdetector, the out...

Source: Finextra

“I probably shouldn't say this, but when you see one cockroach, there are probably more.” Jamie Dimon, boss of JPMorgan Chase, America’s biggest bank, offered a warning on October 14th that the recent...

Source: The Economist

Regional bank stocks tumbled as fears mount around the health of their lending businesses. All but one stock in a popular regional banking ETF is tracking to end Thursday down. Zions was among the har...

Source: CNBC