Consumer banking
Consumer banking
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More people are making a case for regulators to step in, saying banks’ lack of leadership diversity is a risk that they have failed to resolve on their own. There is one very surprising thing about the recent wave of sexual harassment allegations. What kind of program will help women advance? The answer might be one that is for the men.
October 26 -
If Congress changes the $50 billion-asset threshold for systemically important financial institutions, big banks could take it as a signal that regulators would be amenable to larger deals.
October 26 -
That loan growth helped boost the San Antonio bank's profit by 16.5% year over year.
October 26 -
The bank’s 3Q results will make it harder for the CEO to win over some investors skeptical of his strategy to build up the investment bank, and he is already the subject of a whistleblower investigation by regulators.
October 26 -
raising funds for sick kids, giving aspiring scholars a boost and other ways credit unions are giving back to the communities they serve.
October 25 -
Cort O’Haver, the successor to Ray Davis at Umpqua, has a plan to preserve human relationships in mobile and online banking.
October 25 -
The New Jersey company reported lower third-quarter profit that included severance costs from a two-year program to boost its bottom line.
October 25 -
A planned spinoff, combined with several new ventures, should help BankMobile turn the corner, says Luvleen Sidhu, the digital-only bank's president.
October 25 -
Banks around the world have spent the past few years preparing for competition from small, nimble technology startups. It turns out the real threat may be Jeff Bezos, according to McKinsey & Co. In its annual banking report.
October 25 -
Consolidation has led to too few community banks, which is amplified in areas where capital is needed most.
October 25 -
The traditional community bank model of "being local and providing good service" no longer provides an competitive edge in a world dominated by online banking, according to Douglas Kennedy, CEO of Peapack-Gladstone.
October 25 -
The company, which agreed to buy Southwest Bancshares in Mobile, also plans to sell $45 million in stock to help fund the deal.
October 24 -
The McLean, Va., company dialed back its lending in the quarter as credit quality in several business lines weakened.
October 24 -
Jim Popp, formerly of JPMorgan Chase, will become CEO of Johnson Financial Group in Racine at yearend. He will succeed the retiring Jim Bolger.
October 24 -
The mutual, which agreed to buy First Colebrook Bancorp, had recently opened a limited-service branch in Portsmouth, N.H.
October 24 -
Banks are swapping out long-term holdings for short-term securities to manage interest rate risk. But in the process, they are sacrificing yield — and ammo they might need to pay more for deposits to retain customers.
October 24 -
Catering to young clients, Finn by Chase blends instant account access, emojis and PFM tools.
October 24 -
The Michigan company's third-quarter results were down slightly from a year earlier despite increased commercial lending and a wider net interest margin.
October 24 -
For community bankers, the current environment is more challenging than ever, with high regulatory burden and tough competition. Four bank CEOs sat down to discuss the future of the industry, and what they are hoping may change.
October 24 -
Wonder Woman captures the essence of how women break down barriers, including in financial services. But no superpowers are needed to succeed.
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