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The chances of an economic slowdown are rising as the Federal Reserve is poised to take further steps to tame inflation, say the heads of JPMorgan Chase, Bank of America and Morgan Stanley.
May 4 -
Financial institutions need to begin sharing profiles of fraudsters posing as legitimate customers. The technology to do it securely is already available.
May 4
FiVerity -
Long Game, which Truist acquired for an undisclosed sum, allows consumers to set savings goals and earn extra cash by playing casino-style lottery games.
May 3 -
Johnson, who currently heads a housing-finance industry group, will take over this summer from longtime president and CEO Richard Hunt.
May 3 -
Genesis Financial will use Nova Credit’s bank account data analysis to approve credit to applicants with little or no credit bureau files.
May 3 -
With abortion rights in the U.S. in danger, employers are taking measures to extend support and access to healthcare.
May 3 -
The $2 trillion-asset company has appointed a new CEO and chief operating officer of its growing business in the U.S., Mexico and other parts of the Western Hemisphere.
May 2 -
Naveed Anwar, global head of digital for Treasury & Trade Solutions, is upgrading the bank’s self-service portal and expanding its embedded banking offerings for large tech and fintech clients.
May 2 -
About two dozen banks in the U.S. and Europe, including ABN Amro and Bank of America, are working with The Clearing House and EBA Clearing, using technology from SWIFT, to make instant international transactions ubiquitous for business and e-commerce sales.
May 2 -
Citigroup has been released from a 2012 enforcement action that faulted its anti-money-laundering efforts. But company executives are expected to spend a lot of time over the next few years seeking to resolve a pair of more recent consent orders.
May 2 -
Preparation, skill and expertise are keys to her success both as a classical musician and as a bank leader.
May 1 -
An American expat living in London brings her problem-solving savvy to Citi’s Institutional Clients Group.
May 1 -
Comstock, one of the youngest CFOs in the industry, has been overseeing the construction of a new $67 million headquarters.
May 1 -
Responsible for a five-state territory, this regional director often travels 500 miles a week visiting branches and customers.
May 1 -
Raised by parents who taught school and coached high school kids, Alina Crisi never planned on a career in financial services. But her innate skill in managing people and organizations has powered her quick rise at PNC Bank.
May 1 -
The move from Republican senators mirrors an effort launched in the House, where Citibank also provides credit cards for congressional business. Republicans will be unable to enact such changes unless they take either chamber in upcoming elections.
April 29 -
The Cleveland bank, which currently charges around $33 when customers spend more than they have in their accounts, is planning a series of overdraft-related reforms. Key follows numerous other large and midsize banks that have taken similar steps.
April 28 -
The new hires joined Veritex from Bank of Houston, which has also been aggressively recruiting bankers.
April 28 -
In a recent survey, just over half of community bankers expressed concern that the central bank will harm the U.S. economy by raising rates too fast in its quest to contain inflation.
April 28 -
Sens. Elizabeth Warren and Bob Menendez say the banks that own the payments system "have chosen to let consumers suffer" from unchecked fraud problems.
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