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Wages, marketing spending and technology investments are all on the rise. While higher interest rates should eventually help tame inflation, it's not clear how quickly banks will be able to limit their spending increases.
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Maria Tedesco, the bank's president, added the role of chief operating officer with a mission of unifying workflows from the back office to front end. This frees up CEO John Asbury to augment Atlantic Union’s fintech investments and scout for potential acquisitions.
February 1 -
Democratic Sen. Joe Manchin praised all five of President Biden's nominees for the Federal Reserve, an important signal for their confirmations in the 50-50 Senate.
February 1 - AB - Technology
The new group will provide technical assistance for cloud clients’ blockchain-based platforms.
February 1 -
The Science Based Targets initiative (SBTi) is weighing whether to set a hard deadline for financial firms to halt new fossil-fuel investments, if they want their net-zero emissions targets verified by the United Nations-backed group.
February 1 -
Helena Haynes-Carter will lead the Cleveland bank’s efforts to hire and retain a diverse pool of employees.
February 1 -
January was a quiet month for traditional bank mergers and acquisitions, but some big-name firms still struck big deals. Here's a look back at the month's most noteworthy deals.
February 1 -
Toronto-Dominion Bank’s U.S. retail banking unit is eliminating charges for overdrafts of $50 or less, joining a parade of lenders revamping their fees amid criticism from politicians, regulators and consumer advocates.
February 1 -
This elite group of young wirehouse and regional employee representatives collectively generate more than $200 million in annual revenue.
February 1 -
The advisors’ success offers lessons for aspiring wealth professionals and brokerages aiming to change a predominantly white and male industry.
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