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Rise of the next-gen bank CEO

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A rapidly changing workforce and the proliferation of public and shareholder activists have fundamentally reshaped the job of running a bank.

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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.

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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.

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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.

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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."

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What ruling on noncompete clauses means for banks — and job hunters

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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.

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Goldman Sachs, Regions help raise $55M for construction-lending fintech

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Built Technologies will use the money to invest in research and development while it builds out its client base.

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After JPMorgan Twitter bungle, how should banks talk about personal finance?

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Demonstrators from the Occupy Wall Street movement gather in front of a Chase bank branch in Times Square in New York, U.S., on Friday, Oct. 28, 2011. Photographer: Ramin Talaie/Bloomberg
Ramin Talaie/Bloomberg
When a tweet drew backlash from customers and politicians on Monday, it brought into question how banks should couch their messages on social media.

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Hancock to buy MidSouth Bancorp for $213 million

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MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.

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Critics fear shift at CFPB will let firms off the hook

CFPB Director Kathy Kraninger
Kathy Kraninger, director of the Consumer Financial Protection Bureau (CFPB), speaks during a discussion at the Bipartisan Policy Center in Washington, D.C., U.S., on Wednesday, April 17, 2019. Kraninger, confirmed in December by the Senate, took over an agency created by the 2010 Dodd-Frank Act that regulates everything from credit cards to mortgages. Photographer: Andrew Harrer/Bloomberg
Andrew Harrer/Bloomberg
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.

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