US Banks ranked by “web influence” (1999)


Company Stock Symbol Rank Assets in billions of $ Sales in millions of $ Market Capitalization in millions of $ Internet Valley Benchmark I V B * *Web influence Assets Bank of America BAC 1 5 260.1 50,777 108, 815 10.35 Wells Fargo WFC 2 10 97.5 20,482 55,185 7.69 JP Morgan JPM 3 4 262.1 17,701 18,946 6.29 Key Corp KEY 4 15 73.6 6,568 13,883 4.52 First Union FTU 5 6 157.3 21,543 50,281 4.24 Nation’s Bank N/A 6 3 264.6 N/A N/A 3.92 Chase Manhattan CMB 7 1 365.5 32,379 62,641 3.46 Citicorp C 8 2 310.9 … Continue reading US Banks ranked by “web influence” (1999)

US Banks – Keynote ranking July 2005


Keynote (previously Watchfire, previously Gomez) ranking of online offerings – US.  Note categories below the rankings.

Rank Firm Score
2 Citibank 79
4 E*TRADE Bank 74
6 First National Bank of Omaha 68
6 U.S. Bank 68
9 Wachovia 67
11 National City Bank 65
14 Citizens Bank 63
15 NetBank 62
17 Key Bank 60
19 Webster Bank 59
21 Hibernia National Bank 58
24 Union Bank of California 55
25 Sovereign 54
28 PNC Bank 51

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US retail service trends (Forrester)


Bruce Tempkin at Forrester has a new report out detailing the trends to watch in US retail banking. Points 5 & 6 are key here – this validates the branch channel is no longer sufficient by itself to address customer needs. However what worries me is that 46% still believe it is sufficient!  This is a staggeringly high percentage of bankers who choose to ignore the blindingly obvious! top line growth is critical retaining existing, and acquiring new customers regulations, technology, and competition drive strategy the respondents also indicated M&A activity will be dominant baby boomers need retirement help wave … Continue reading US retail service trends (Forrester)

Sears is banking on the future


JENNIFER WELLS Toronto Star You can put your ear to the jungle telegraph and hear not a peep from the country’s big banks on the big news out of Sears Canada Inc. The retailer, as we learned last week, is applying to Ottawa, via the Office of the Superintendent of Financial Institutions (OSFI), to establish a federally regulated bank, a decision that will ultimately wend its way to the minister of finance for final approval. The Sears Canada board met yesterday to pass a resolution to seek the federal charter. The company has already had one meeting with OSFI and … Continue reading Sears is banking on the future

Gartner Group: Online banking goes mainstream in US


Mar 10 2003: A recent report from Gartner indicates that 17 percent of Americans used online banking services by the end of 2002. According to a new forecast from the company, consumer use of online banking will grow at a Compound Annual Growth Rate (CAGR) of 14 percent up to year-end 2007. By that time, some 30 percent of Americans (67 million individuals) will be using online banking services. Gartner predicts that penetration will be higher among key demographic segments. Among consumers with annual household incomes between USD50,000 and USD75,000, more than one in five use online banking. In households … Continue reading Gartner Group: Online banking goes mainstream in US