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Jane Fraser, who is poised to become the first woman to lead a major U.S. bank, possesses turnaround experience and strong interpersonal skills that make her well suited for mending fences with regulators and investors, according to present and former colleagues.September 21
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Karl Yoneshige has been with the Honolulu-based institution since 1988, including two decades as CEO.September 21
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The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.September 18
Founder and CEOAgora Services
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The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.September 18
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Deal activity, already on pace for its slowest year in more than two decades, will likely remain suppressed until bankers get a handle on credit exposure and more clarity on valuations.September 16
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Several companies said this week they’re slashing expenses as the economy limps along. Others would prefer to keep investing in new technologies and hold off on moves like branch closings to better gauge which changes in consumer behavior will stick.September 15
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JPMorgan Chase added a half dozen executives, including Thasunda Brown Duckett, to its operating committee in the biggest expansion of its top leadership group in years.September 15
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The $282 million-asset institution's new name is intended to build on its work with underserved communities around St. Louis.September 15
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“What COVID has done for us is it has showed us where to prioritize investments,” William Demchak said at an industry conference in discussing the Pittsburgh company's plans to speed up the shift to digital banking.September 15
