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Nearly three in four banks said in a recent survey that finding people with the right skills is a hurdle as they try to comply with decade-old rules regarding their financial models.
May 7 -
In its semiannual supervision and regulation report, the central bank cited strong balance sheets and liquidity but found risks for smaller banks.
May 7 -
The company is focusing on the future of online retail banking. Next on its agenda: real people in its wealth management division.
May 6 -
The Consumer Financial Protection Bureau filed more actions against redlining and discriminatory practices in 2021 and is skeptical that that predictive analytics will reduce bias.
May 6 -
JPMorgan Chase shareholders should vote against CEO Jamie Dimon’s pay package, the proxy advisory firm Glass, Lewis recommended, citing a “disconnect” between his compensation and the bank’s performance.
May 6 -
Erin Komorowski, a seven-year company veteran, will spearhead efforts to respond to climate change and increase diversity.
May 6 -
Launch Credit Union claims it reduced fraud by 97% after adopting a real-time solution in 2020.
May 6 -
Delana Bolen, the new chief executive of Baylor Health Care System Credit Union, was most recently vice president of sales and support for Cornerstone Resources.
May 6 -
Two banks pluck execs from Truist, Citizens opens a shop in Florida and more in banking news this week.
May 6 -
While some American lenders have started to exit the region, the overall impact on their operations has been moderate, the central bank said in its semiannual Supervision and Regulation Report.
May 6














