- Georgia
Numerous banks are expected to say they trimmed expenses yet again when they report fourth-quarter results in the coming weeks. But that trend may ebb soon as many executives are forced to spend on technology and to expand their businesses.
January 12 -
Ted Peters likes to build things and he does not like retirement. The veteran banker will soon solicit outside investors for a fund that he hopes will amass $100 million to pump into promising community banks.
January 12 -
Last year started with a failed stress test and ended with the bank under scrutiny for everything from its capital management to its subprime auto lending policies. But regaining the confidence of regulators is only half the battle; Santander must also figure out how to regain market share its been losing to competitors.
January 5
First BanCorp in San Juan, Puerto Rico, has created a new position to oversee strategic decisions.
The company said in a
Kafka has a deep understanding and appreciation of our communitys history and the needs of the people who live here," Aurelio Alemán, First BanCorps president and chief executive, said in the release. "He also has broad industry knowledge and experience, having spent over 30 years in the banking industry, and, in his previous roles, has successfully executed strategies to drive organic growth while improving margins and capital efficiency."
Kafka previously served as general manager of international operations at Banesco International in Florida.
