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It remains to be seen whether anti-money-laundering provisions will get a deeper look this Congress or whether political optics will divide lawmakers on moving ahead with changes.
April 17American Banker -
Marianne Lake, seen in recent months as a leading candidate to replace CEO Jamie Dimon, got the post she may have needed to round out her resume — consumer lending chief. And Jennifer Piepszak, another rising star at the company, will take over as CFO from Lake.
April 17 -
CEO Andy Cecere acknowledges that other banks have tried to broaden customer relationships and selectively expand into new markets before and struggled. But the sophistication of today’s online and mobile services could make all the difference this time, he says.
April 17 -
Interbrand will work with management of both banks, which have agreed to merge, to create a unified brand and logo.
April 17 -
The Massachusetts Democrat said the agency could have used existing statutory authority to object to the bank’s appointment of now-departed CEO Tim Sloan.
April 17 -
CUNA Mutual Group's February trends report showed that growth in auto loans, mortgages and membership had slowed.
April 17 -
CEO Joseph DePaolo lamented the tough funding environment after the New York bank said deposit costs jumped 90% in the first quarter. Signature was the second bank Wednesday to report a drag on profits from funding costs.
April 17 -
Stripe has updated its products and made an acquisition to prep for new security standards it says will impact more than 300 million people, potentially giving Stripe the same kind of influence over European merchant technology that it enjoys in the U.S.
April 17 -
Almost conspicuous by its absence, Apple Pay is finally an option in the Uber Eats food delivery app — after five years of being a way to pay for Uber's separate ride-sharing service.
April 17 - Software development
The bank has funded and deployed the company's software, which can be used to quickly bring new products to market and reduce the need for programmers and other expenses.
April 17