Chase Manhattan Corp., New York, has hired Jonathan M. Franklin as a
He will be based in London and will be responsible for clients in the
Mr. Franklin, who joined Chase Manhattan in August 1995, was a senior
In addition, Chase hired Kenneth Wang as the head of the Latin American
Mr. Wang was a director at CS First Boston, heading advisory teams for
Bank stocks are up this year as interest rates have leveled off and there are hopes that pressure on lenders' profits could moderate.
National Australia Bank is adding a Pay By Bank option for near-instant payments, Italy is bringing open-loop payments to buses in Tuscany, and more.
DCI in Hutchinson, Kansas, is giving employees unsure about retirement the option to work part-time and gradually ease into the next phase of their lives.
McCargo will succeed Teresa Bryce Bazemore at what the former sees as a "transitional, pivotal moment" for the Federal Home Loan bank.
Federal Reserve Chair Jerome Powell said there have been "no decisions" on the controversial capital reform plan, but banks and others who have criticized the proposal are eager for an indication about what's next.
OakNorth Bank in London is eager to utilize the data it's collected from providing risk management software to American banks over the past five years. Its growth plans include eventually acquiring a charter here and making commercial real estate loans.
