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The next airport terminal lounge or club you pass may also be a bank branch - TL;DR CNBC

The next airport terminal lounge or club you pass may also be a bank branch

Publishing timestamp: 2024-05-03 12:49:25


Summary

In 2023, the number of bank branches nationwide increased for the first time in a decade. Major financial institutions like JPMorgan Chase and Fifth Third Bank are expanding their retail locations, including adding branches in airport terminals to attract travelers. While some experts question the value of full-service branches in airports, banks like Fifth Third are betting on the visibility and functionality of these locations to serve customers and potentially attract new ones.


Sentiment: NEUTRAL

Tickers: TFCCOFFITBWFC

Keywords: banksbusiness newsfifth third bancorpbreaking news: businesstransportationeconomyairlineswells fargo & cobreaking news: economyu.s. economycapital one financial corptruist financial corp

Source: https://www.cnbc.com/2024/05/03/the-next-airport-lounge-or-club-you-pass-may-also-be-a-bank-branch.html


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