Watch American Banker's Most Powerful Women in Banking and Finance gala, which was recorded live on Oct. 4 at Cipriani Wall Street in New York City. Speakers included Bank of America's Cathy Bessant, recognized as the most powerful woman in banking, and Wells Fargo's Mary Mack, who was selected as the top woman to watch. The awards recognize the professional achievements and influence of the top-performing female executives in banking and financial services.
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The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10 -
Younger borrowers are increasingly moving money away from financial institutions, but banks could recapture Gen Z capital by helping them build credit.
October 10