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Marianne Lake will oversee strategic growth and the company's fast-growing overseas consumer bank.
June 4
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The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells can hit the gas on business lines it had kept idle.
June 3
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The acting chair argued for a simplified capital hike, criticized past approaches to bank mergers and signaled movement on the FDIC board could be coming soon.
June 3
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The megabank is also updating certain policies to bar discrimination based on political affiliation. "We appreciate the concerns that are being raised regarding 'fair access' to banking services," a Citigroup executive wrote in an internal memo.
June 3
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Brian Minick, who is in charge of cybersecurity for the bank, shared important cyber insights at an American Banker conference this week.
June 3
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This might deeply disappoint Wall Street investors who've been counting on a windfall if Fannie and Freddie are set free.
June 3
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The investment follows the success of KeyVAM, a virtual account management platform developed with the fintech for treasury clients and launched last year.
June 2
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Fischer, who served on the central bank boards of both Israel and the United States and served as the Federal Reserve vice chair from 2014 until 2017, died Saturday at age 81.
June 2
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A new stablecoin bill threatens to balloon federal borrowing and increase the deficit, while a change to bank capital rules would vest the Treasury with power that should rest with the Federal Reserve.
June 2
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The question of when the CEO would retire and who might succeed him has hung over JPMorganChase for years.
June 2
