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Deutsche Bank promoted Charlie Burrows to oversee the expansion of the bank’s wealth management unit across the southeastern U.S., as the German lender builds out its business of catering to the ultrarich.
February 8
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Minnesota Bank & Trust dropped Mike Lindell as a customer after the committee investigating the Jan. 6, 2021, attack on the U.S. Capitol subpoenaed the Trump supporter's telephone records. But its rationale for doing so needed more explanation.
February 7
Steel City Re -
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.
February 1
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This elite group of young wirehouse and regional employee representatives collectively generate more than $200 million in annual revenue.
February 1
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Bank of America revamped leadership across its wealth management business, placing more responsibilities on current heads Andy Sieg and Katy Knox.
January 21
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The Tennessee bank reported an uptick in commercial lending during the fourth quarter. Executives pointed to the impact of a 2020 acquisition that allowed First Horizon to bulk up in in Florida, Georgia and Louisiana.
January 20
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Citigroup CEO Jane Fraser is nearing the end of her organizational overhaul after deciding to cut loose retail-banking operations in Mexico. She will make the case at an upcoming investor day that the company is on the verge of producing stronger shareholder returns.
January 14
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State Street Global Advisors, one of the world’s biggest asset managers, said all global companies in which it invests must have at least one woman on their boards to gain the firm’s support during the upcoming proxy season.
January 12
