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Associated Banc-Corp lays off 3% of workers as part of overhaul

American Banker

In addition to expense-reduction measures, the Wisconsin-based regional bank is selling almost $2 billion of mortgages and securities and will invest in its lending and deposit-gathering capabilities.

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NEW REPORT: Behind Regions Bank’s AI-Powered Digital-First Push

PYMNTS

Other banks, such as Wisconsin-based Associated Ban k, are exploring new ways to improve the in-person banking experience. That is something Alabama-based Regions Bank has sought to achieve through its AI ROSIE, according to Shawn Bradley, executive vice president of customer insights for the bank.

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Midwest Retailer Meijer Signs With Instacart For Grocery Delivery

PYMNTS

Online delivery platform Instacart is teaming up with regional Midwest retailer Meijer to provide same-day delivery of groceries. The new service is now available for Meijer customers in Michigan, Ohio, Indiana, Kentucky, Illinois and Wisconsin. 3) press release. and Canada. The platform is available to 85 percent of U.S.

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Associated to sell insurance business for $265 million

American Banker

The Wisconsin regional said the funds will support loan growth, create an added capital buffer and support its dividend policy.

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Huntington's Harmening set to take helm at Associated

American Banker

Andrew Harmening, who oversaw Huntington's digital strategy, will succeed the retiring Philip Flynn as president and CEO of the Wisconsin regional bank in April.

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China’s Alibaba Sets Up Platform For Coronavirus Medical Supplies 

PYMNTS

3, Alibaba had delivered medical supplies from 15 countries and regions, including self-purchased and donated goods, to 18 hospitals in the Hubei, Zhejiang and Anhui provinces. has also increased, with officials in Wisconsin confirming the state’s first case. For purchases, Alibaba will tap into an RMB1 billion ($142.8

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BMO Harris Sells Wisconsin Branches to Real Estate Firm

American Banker

BMO Harris Bank in Chicago has agreed to sell 31 Wisconsin branches to a California real estate investment trust.