CHICAGO - (08/05/05) -- Developmentally disabled childrenand adults at the nearby Clearbrook facility were given a coolingoff on these hot summer days by Alliant CU, which donated ninegallons of leftover ice cream Tuesday to the local non-profit. Theice cream was left over from an employee ice cream social that thecredit union refers to as 'Sundaes on Tuesday with Mooney,' a playon the best-selling book 'Tuesdays with Morrie' and the name of thecredit union's President David Mooney. The ice cream social was toreward employees for hard ward and for enduring the ongoing heatwave. But after senior management, attired in tie-dyed Ben andJerry shirts, had scooped 125 sundaes in two hours, event plannersfound themselves with an excess of nine gallons of ice cream, sixcans of whipped cream, chocolate and caramel syrup, cherries and ahalf-dozen containers of rainbow sprinkles.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








