Industry News
Amy Bonitatibus will succeed Barri Rafferty, who left the San Francisco bank in early May.
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Amid a falling population in its home state of Pennsylvania, the bank is focusing more attention — and dealmaking — on the increasingly populous and affluent Raleigh-Durham market.
June 7 -
An Oct. 7 trial date looms in a case involving allegations of document destruction. The high-stakes lawsuit could complicate BMO's pending acquisition of Bank of the West.
June 6
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The bank has developed Slingshot, a data management tool for customers of data company Snowflake, within its new business unit Capital One Software.
June 3 -
Total direct compensation for the chief executives at large and midsize banks rose by 21.5%, up from a 5% increase in 2020, according to a new analysis. Strong earnings growth and a hot stock market were key factors.
June 2 -
JPMorgan Chase CEO Jamie Dimon chastised institutional investors who follow the recommendations of proxy advisory services without doing their own homework. The comments came after the bank’s shareholders voted down pay packages for Dimon and other top executives.
June 1 -
Executives at banks north of the border pointed this week to several potential U.S. economic snags, including inflation, the possibility of a housing market correction and soaring energy prices.
May 26 -
As it walks away from retail here, the French bank wants to help business clients go abroad: “You have to be present.”
May 23 -
Bible, who has served as chief financial officer since the merger of BB&T and SunTrust, will stay on the job until a successor is found.
May 20 -
Corrigan thrived on crisis situations, a colleague said. He received plenty of practice in 25 years at the Fed and another two decades at Goldman Sachs.
May 19
