Most Powerful Women in Banking

2018-wib-cover-spread-1.jpg
Innovative. Influential. Impactful. The female leaders in our annual rankings are skillfully navigating industry disruption and — in many ways — driving it as well.

(Full story here.)

Why Regions did away with teller jobs

Decline in number of branches at Regions Financial, 2010-2018.
When the Birmingham, Ala., bank was rethinking its branch strategy, it had to reconsider the role of its tellers. Ultimately, it decided to transition those workers to a more general banker role that emphasizes meaningful conversations with customers and continuous career progression.

(Full story here.)

Massachusetts bank to have first new CEO in two decades

Edward Doherty
Edward Doherty is set to succeed Janice Houghton when she retires in November.

(Full story here.)

Small banks' big challenge: Growing deposits

AB-092518-DEPOSITS (1).png
New data from the FDIC shows that banks with less than $10 billion of assets are ceding deposit share to their larger rivals. What can they do to keep pace?

(Full story here.)

JPMorgan Chase ranks No. 1 in customer satisfaction: J.D. Power

AB-092718-SATISFY (1).png
The nation's largest bank overtook PNC Bank to snag the top spot in an annual study that evaluates satisfaction levels at the nation's six largest retail banks.

(Full story here.)

JPMorgan forms commercial banking group to focus on startups

JPMorgan Chase sign
Pedestrians pass in front of a JPMorgan Chase & Co. office building in New York, U.S., on Wednesday, April 11, 2018. JPMorgan Chase & Co. is scheduled to release earnings figures on April 13. Photographer: Christopher Lee/Bloomberg
The New York company said Wednesday that the new group will provide loans and other services to early-stage, consumer-focused companies.

(Full story here.)

Why was Synovus the sole bidder on a large Florida bank?

AB-092018-SYNOVUS.jpeg
Seven other banks passed on a chance to bid on FCB Financial, perhaps showing the small pool of large buyers eager to make a big commitment to the Sunshine State.

(Full story here.)

Elizabeth Warren wades into CRA overhaul with revamp plan of her own

Sen. Elizabeth Warren, D-Mass.
The senator's bill to reform the 40-year-old law and expand housing investments could gain clout as Democrats look to pick up congressional seats and she eyes a presidential run.

(Full story here.)

Wells Fargo to cut up to 26,000 jobs within three years

A man uses a Wells Fargo ATM inside a branch in New York.
A man uses a Wells Fargo & Co. automated teller machine (ATM) inside a bank branch in New York, U.S., on Tuesday, July 12, 2016. Wells Fargo & Co. is scheduled to release earnings figures on July 15. Photographer: Eric Thayer/Bloomberg
The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020.

(Full story here.)

U.S. Bank takes on fintechs with new online loans, card for small businesses

Scott Beyer, agile experience owner for the Business Banking Experience Studio at U.S. Bank
The bank seeks to answer the threat posed by disruptors with quick online loans and a card that rewards small businesses for more kinds of spending.

(Full story here.)
MORE FROM AMERICAN BANKER