Rise of the next-gen bank CEO
purpose-driven-ceo-abm-may2019.jpg
A rapidly changing workforce and the proliferation of public and shareholder activists have fundamentally reshaped the job of running a bank.

(Full story here.)
JPMorgan Chase's snarky tweet about financial wellness draws swift backlash
Signage is displayed outside a JPMorgan Chase bank branch in Chicago.
Bank critics and some lawmakers quickly seized on a tone-deaf posting by JPMorgan Chase that was designed to tout the virtues of saving money.

(Full story here.)
Citi's latest executive moves in consumer analytics, private banking
Murli Buluswar and Tracey Warson of Citi
Citigroup has hired Murli Buluswar as head of analytics and information management in its U.S. consumer banking segment. It also has promoted Tracey Warson from head of Citi Private Bank, North America, to chairman of the unit.

(Full story here.)
TD Bank's calculated shift to the cloud
Jeff Henderson, chief information officer of TD Bank.
The North American banking giant is making a gradual yet concerted effort to migrate applications to Microsoft's cloud, but there are still sensitive operations and pieces of data that it's holding back on for now.

(Full story here.)
Inside Varo Money's three-year quest for a bank charter
Colin Walsh in office
Colin Walsh, Varo's chief executive, says the disruptor has hired several former regulatory officials to help in what has admittedly been "a difficult process."

(Full story here.)
What ruling on noncompete clauses means for banks — and job hunters
AB-050119-NONCOMPETE.png
It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn't be better.

(Full story here.)
Goldman Sachs, Regions help raise $55M for construction-lending fintech
construction1.jpeg
Built Technologies will use the money to invest in research and development while it builds out its client base.

(Full story here.)
After JPMorgan Twitter bungle, how should banks talk about personal finance?
JPM-protests.jpeg
When a tweet drew backlash from customers and politicians on Monday, it brought into question how banks should couch their messages on social media.

(Full story here.)
Hancock to buy MidSouth Bancorp for $213 million
hairston-john-hancock-holding-company
MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.

(Full story here.)
Critics fear shift at CFPB will let firms off the hook
CFPB Director Kathy Kraninger
Director Kathy Kraninger said the agency will emphasize a confidential supervisory process instead of just doling out public enforcement actions. But skeptics worry this will let companies escape punishment.

(Full story here.)