Laura Alix is a reporter at American Banker.
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Brandee McHale will be president of the Citi Foundation and oversee the company's community development, inclusive finance and impact investing teams.
By Laura AlixFebruary 10 -
A new report from J.D. Power found that younger consumers increasingly believe the largest banks are better than regionals in providing financial guidance through digital channels.
By Laura AlixFebruary 6 -
Popular’s branch in a Brooklyn neighborhood faced an uncertain future until it was designated as a bank development district. Now it’s eligible to receive millions of dollars in municipal deposits.
By Laura AlixFebruary 5 -
Certain loan segments are showing signs of deterioration, but consumer lending and digital banking are bright spots. Meanwhile, bankers are eyeing opportunities to improve efficiency, add scale and take advantage of M&A disruption. Here's what to expect from smaller regionals in the year ahead.
By Jim DobbsFebruary 3 -
The Buffalo, N.Y., bank has hired Aarthi Murali away from JPMorgan Chase to serve as its first chief customer experience officer.
By Laura AlixFebruary 3 -
A new app will allow small-business clients to quickly apply for credit while expanded offerings for homeowners associations will help CIT build up its base of low-cost deposits.
By Laura AlixJanuary 31 -
The American Bankers Association said it’s offering a new online course because of increased demand by members for training tailored to banking.
By Laura AlixJanuary 30 -
Loans made for Fiat Chrysler represented the largest chunk of Santander Consumer's lending in the fourth quarter, and Mahesh Aditya said their relationship is his top priority.
By Laura AlixJanuary 29 -
The U.S. arm of Toronto-Dominion Bank said Matt Boss will oversee credit cards, residential loans and deposit products, among other areas.
By Laura AlixJanuary 27 -
As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh.
By Laura AlixJanuary 24 -
Commercial lending was sluggish in 2019, but leaders at Huntington, KeyCorp and M&T are encouraged that rates are stabilizing and business sentiment is improving.
By Jim DobbsJanuary 23 -
While most banks are shrinking their branch networks, the Cincinnati bank is approaching the day where its branch expansion in the Southeast will more than offset closings in its legacy markets, its CEO says.
By Laura AlixJanuary 22 -
Citizens Financial Group’s fourth-quarter results highlight the challenges regionals face in generating top-line growth.
By Laura AlixJanuary 17 -
Under terms of the settlement approved by a Georgia court Monday, Equifax may also have to pay an additional $125 million if the initial amount doesn't cover all the claims.
By Laura AlixJanuary 16 -
In the year since it voluntarily disclosed its own data, Citigroup has shown an improvement in its median pay for female and minority employees, the firm said Wednesday.
By Laura AlixJanuary 15 -
A tough fourth quarter seemed to foreshadow challenges in the year ahead for the nation’s fifth-largest bank.
By Laura AlixJanuary 15 -
Stateside banks are starting to play catch-up to banks worldwide that are incorporating environmental, social and governance factors into their underwriting. Pressure from big shareholders is a driving force.
By Laura AlixJanuary 13 -
The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth.
By Laura AlixJanuary 13 -
Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.
By Alan KlineJanuary 12 -
In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.
By Laura AlixJanuary 8

















