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Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave.
By George YacikMarch 11 -
SIFMA approval could bring new competitors and housing finance reform; number of applications rose but amount borrowed still lags other firms.
By George YacikMarch 8 -
Banks moving past traditional card lending to compete on POS; ; five board members plan to leave before the bank’s May meeting.
By George YacikMarch 7 -
Is it realistic to think Wells Fargo might get a new female CEO? How one fintech makes women feel welcome, and how another fosters innovation. Plus some of our Most Powerful Women make big moves – two retire, one jumps from BNY Mellon to Amex, one exits a board and another joins one.
By George YacikMarch 6 -
The white-shoe firm is relaxing its “stuffy” dress code for a more “flexible” one; the CFPB plans to toughen rules on energy-saving project lenders.
By George YacikMarch 6 -
The decision shows how hard it is to prosecute an individual banker; reports say Nordea, the Nordic area’s largest bank, handled suspicious transactions.
By George YacikMarch 5 -
Community banks can’t afford the digital banking services customers demand; Vanguard's "banklike" cash management service couldn't match banks' offerings.
By George YacikMarch 4 -
The U.S. embassy wants to meet with Sweden’s financial regulator over AML concerns; revelation that he borrowed to buy Barclays shares doesn’t sit well with others.
By George YacikMarch 1 -
Bank’s involvement and complex financing draw ire of Barclay shareholders; banks report financial deceit by those who know seniors.
By George YacikFebruary 28 -
With U.S. sanctions in place against Venezuela, banks fear compliance violations; exclusion and cyber attacks the biggest concerns of cash-free society.
By George YacikFebruary 27 -
Bank makes first hires for its corporate cash management business; the former Fed chair says the industry is too focused on profits.
By George YacikFebruary 26 -
Former Managing Director Timothy Fletcher banished for role in referral hiring; Apple-Goldman collaboration shows banks fear missing out.
By George YacikFebruary 25 -
City sues seven banks for alleged price fixing on floating-rate bonds; analyst says “the most negative revelations are yet to come” in the 1MDB scandal.
By George YacikFebruary 22 -
Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. bank might get a female CEO.
By George YacikFebruary 21 -
If verdict stands, it could raise ceiling on anti-laundering penalties; better-than-expected results buy Barclays chief more time on current strategy.
By George YacikFebruary 21 -
Dan Schulman predicts digital payments market may reach $100 trillion; the bank exiting Estonia, Latvia, Lithuania and Russia.
By George YacikFebruary 20 -
CEO Corbat says “thousands” of call center jobs may be lost; Barclays shareholder sells all stock in the bank and Deutsche’s biggest slashes its stake.
By George YacikFebruary 19 -
The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN.
By George YacikFebruary 15 -
The time regulators take to decide on prospective deals has dropped sharply; a report says the cyberthieves were looking for info to help recruit spies.
By George YacikFebruary 14 -
Solomon says he expects 2020 presidential aspirants to target banks; corporate human resources’ predictable revenue attracting investment banks’ attention.
By George YacikFebruary 13
















