Consumer banking
Consumer banking
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C-suites will remain overwhelmingly male unless women in senior roles make it a priority to "lift up" their younger female colleagues, says Beth Mooney, the Most Powerful Woman in Banking. "The importance of mentoring, coaching and sponsorship cannot be overstated," she said.
October 14 -
Jane Fraser, the British-born head of Citigroup's consumer and commercial bank, shares a lesson she's learned from her 13-year-old son that has helped her adapt to her new role. She also talks about making a scary transition to a job overseeing U.S. mortgages and training yourself to overcome fear and take on "stretch assignments" at work. "You just have to be 'all in' mind, heart, guts, hours," says Fraser, the No. 1 Woman to Watch, in her speech at the Most Powerful Women in Banking and Finance awards gala.
October 14 -
State Bank Financial in Atlanta has lined up its next chief financial officer.
October 14 -
Real-time payments would undoubtedly benefit some consumers and companies, but same-day payments can address many current needs. To that end, Nacha is working on a phased-in approach to implementing multiple same-day settlement windows.
October 14 -
ACA International, the largest trade group for the credit and collection industry, issued a statement Tuesday regarding the regulation of debt collection attorneys litigation activities.
October 14 -
JPMorgan Chase's third-quarter results were published more than three hours ahead of schedule because of a mistake by Shareholder.com, the investor-communications company owned by Nasdaq.
October 14 -
BB&T was not the first choice for Bank of Kentucky when it negotiating to sell itself. But when two preferred suitors failed to provide revised draft terms to Bank of Kentucky by an Aug. 11 deadline, it opened a window for BB&T.
October 14 -
Aaron's Inc., the nation's second-largest chain of rent-to-own appliance and furniture stores, will pay $28.4 million to settle allegations it installed spy software on rental computers.
October 14 -
A risk-based approach to anti-money-laundering rules would allow regulators to be sure mobile transactions are being screened for suspicious activity without hindering the technology's potential to do social good.
October 14 -
Metro Bancorp in Harrisburg, Pa., which has been under pressure from several investors, is taking steps to improve earnings and shareholder returns.
October 14 -
Before regulators require the country's largest banks to take on more burdensome regulations, they need to reconsider the parameters used to assess the threat of systemic risk.
October 14 -
Sunshine Bancorp in Plant City, Fla., has hired a former executive at Susquehanna Bancshares in Lititz, Pa., as its chief executive.
October 14 -
County and Municipal Employees Credit Union in Edinburg, Texas, has been liquidated by the Texas Credit Union Department.
October 14 -
Wells Fargo, the world's most valuable bank, posted a third-quarter profit that matched analysts' estimates as mortgage banking revenue fell from the previous three-month period.
October 14 -
Wintrust Financial in Rosemont, Ill., has agreed to buy Delavan Bancshares in Wisconsin.
October 14 -
Citigroup, the third-biggest U.S. bank, said profit rose 6.6% as bond-trading revenue climbed and lending improved.
October 14 -
Citigroup said Tuesday that it plans to exit consumer businesses in 12 countries.
October 14 -
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, swung to a third-quarter profit from a year earlier as a surprise gain in fixed-income trading helped boost revenue and legal costs narrowed.
October 14 -
Doral Financial in San Juan, Puerto Rico, has prevailed in its court battle with the territory's Treasury Department over a substantial tax refund.
October 10 -
Anchor Bancorp Wisconsin in Madison is planning to raise up to $8.3 million from an upcoming initial public offering.
October 10




