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In supporting the economic recovery from the coronavirus pandemic, lenders have a chance to restore public trust damaged in the last financial crisis. But they face tough decisions on dividend cuts, executive pay, furloughs and deeper changes to their business model in the process.April 1
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Tom Meyer, CEO of 1st Capital since 2015, decided to step down because shelter-in-place orders are keeping him from family hundreds of miles from the bank.March 26
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Jonathan Dowst will become president in July and CEO a year later.March 13
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The addition of Maria Renz shows how much emphasis the San Francisco fintech is putting on operations and customer experience.March 12
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The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.March 9
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The House Financial Services Committee is expected to question two of the bank's former board members, raising public scrutiny to a new level for bank directors.March 8
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Potential replacements for the bank's longtime CEO include consumer banking chief Gordon Smith, investment banking head Daniel Pinto, Chief Financial Officer Jennifer Piepszak and consumer lending CEO Marianne Lake.March 6
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Under CEO Charlie Scharf, the bank that has historically viewed itself as more Main Street than Wall Street is becoming deeply embedded in the nation’s financial capital and its hard-charging culture.February 26
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Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.February 18
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Mike Weinbach will lead consumer lending as part of a reorganization that will change the responsibilities of three longtime bank executives.February 11
