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On the whole, large banks appear to have primed their books for a rebound in rates: levels of short-term assets relative to short-term liabilities are now higher than they have been during roughly the past decade. The postures of individual institutions vary widely, however.
Despite richer returns available further out on the yield curve, large banks have generally not shifted toward long-dated securities, according to regulatory data.
Growth was particularly brisk at institutions with less than $20 billion of assets, where CEO compensation measured 2% of total payroll expenses, a far higher level than at larger banks.
Annual meetings held by Citi and Bank of New York Mellon have been shaken by investor dissent over executive pay, and observers anticipate more rebukes in the coming month.
Sure it was painful, but the tumult of the last 12 months hasn't slowed down these 25 women. Whether in new positions or old ones, they are poised to play leading roles in the industry's recovery.
Their titles may be different, but these investment bankers, card executives, fund managers and private-equity investors are under the same pressures as their banking counterparts and are meeting the challenges head on.
The setting was festive and the fashions elegant, but when Heidi Miller took the stage to accept her award as Most Powerful Woman in Banking, pride turned to near defiance ...
Not everyone expects Bank of America's decision to cull its roughly 6,200 branches by 10 percent to fuel a widespread 'rationalization' of big-bank branch networks.
The stimulus bill thrust the Small Business Administration back into the spotlight and its new administrator is determined to make sure it stays there.
Spooked by sharp declines in their net worth, boomers are postponing retirement and investing more conservatively. They are also counting on their banks to simplify their financial lives.
In making the move to remote deposit capture it is critical that banks keep an open mind and seriously consider item capture at the teller workstation.
As the industry evolves, American Banker keeps pace. Going beyond breaking news and headline events, American Banker's editorial staff digs deeper than the mainstream business press to identify and analyze trends.