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
Keywords: banks, business news, fifth third bancorp, breaking news: business, transportation, economy, airlines, wells fargo & co, breaking news: economy, u.s. economy, capital one financial corp, truist financial corp,