Compensation
Compensation
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The $3 billion sale of Financial Engines to Edelman Financial Services puts every investment adviser on notice that the future is in digital wealth management. More deals like it are expected.
April 30 -
Fri., April 27 is the last day to register to participate in Credit Union Journal's Best Credit Unions to Work For program.
April 27 -
Wells may have tried to lure 401(k) customers into more expensive IRAs; Hensarling says he will go along with Senate version of Dodd-Frank rollback.
April 27 -
Bank of America's new policy denying loans and other services to certain gun makers came after dozens of employees lost family members or suffered other trauma related to mass shootings in the past few years, CEO Brian Moynihan said.
April 26 -
No individuals have been named in connection with the bank’s recent misdeeds, which resulted in a $1 billion fine, even as some senior leaders stand to gain from the government’s tax cut.
April 24 -
Citibank finds people need people (at least in a branch). Santander launches a new consumer app, which makes money transfers using blockchain technology. JPMorgan Chase can be an intimidating partner for fintech startups. Plus, Elizabeth Warren’s new mission.
April 20 -
United FCU names new chief financial officer, two credit unions appoint new operations heads and more upwardly mobile executives.
April 17 -
Sen. Elizabeth Warren is struggling to get data that shows how bad sexual harassment might be on Wall Street.
April 17 -
Lawmakers should not toss out an agency rule aimed at curbing auto dealer markups that adversely impact borrowers of color.
April 17 -
Gary Shook, who led Middleburg Financial before its sale to Access National, has become president of Blue Ridge's bank.
April 16 -
Amber Baldet is exiting JPMorgan Chase to start her own venture, and another female executive is taking charge of the blockchain effort. BofA makes major progress on digital mortgages and gets gun-shy after Parkland. Plus, GM’s one-sentence dress code.
April 13 -
An employee at Jeanne D'Arc Credit Union who recently completed the CU's "Infant at Work" program looks back on the process and shares insights on how other credit unions can help working mothers.
April 13 -
The company will add a representative of Stilwell Group to its board. The investment firm, which has long criticized HopFed's leadership and strategy, agreed to support the company's recommendations at future annual meetings.
April 12 -
Evelyn Canterbury is retiring from the Ohio-based CU after having been appointed CEO in 1982. The credit union's CFO, Paula Heitger, took the helm April 1.
April 12 -
It's not enough to say you provide excellent service. You have to define what it is in a concrete, measurable way to live up to that promise. Take these steps to do just that.
April 10 -
From awards to promotions, appointments and special honors, here's how credit union professionals are making an impact.
April 10 -
The deal for Retirement Plan Services, which provides recordkeeping for employers nationally, is NBT's fourth acquisition of a retirement services firm since 2015.
April 6 -
Millennium Bank in Tennessee has quickened approval times on loan applications by using software that frees lenders from repetitive, manual tasks. The result: Loan balances have increased by more than 50% in less than two years.
April 5 -
In addition to his highly publicized comments on trade and other political issues, the CEO of JPMorgan Chase used his annual letter to underscore the importance of job training for low-wage workers and call attention to an FDIC proposal that encourages banks to hire workers who have been convicted of minor crimes.
April 5 -
Traditional financial institutions would gain from adopting the innovative, consumer-focused mindset Amazon promotes. Hiring executives away from the e-commerce giant could help.
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