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Harris Simmons, the chairman and CEO of Zions Bancorp. in Salt Lake City, said in a letter to employees that he was recently diagnosed with a form of non-Hodgkin’s lymphoma and would be pursuing a treatment plan over the next several months.November 30
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Banks have managed to steer around trouble spots in energy, hotel and mall-related credits. But fears of further deterioration, an eviction wave or more job losses are keeping lenders circumspect.October 21
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Smith, Zions' chief information officer, is overseeing a broad range of tech projects, the largest being a multiyear overhaul of the bank's core system.
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As part of American Banker's Most Powerful Women in Banking and Finance program, we have selected five “Top Teams” for 2020. Zions Bancorp. is one of the team honorees.September 27
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Loans to retailers and hotels are at the highest risk of default, the Salt Lake City company said in its second-quarter earnings presentation.July 21
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The Fed’s decision to cut its benchmark interest rate amid growing coronavirus concerns is bound to have an impact on banks, but just how broad and how deep remains to be seen.March 3
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Huntington Bancshares and U.S. Bancorp also said in recent days that they are eliminating jobs to reduce overhead and improve profits. With net interest margins shrinking and branch traffic continuing to decline, expect more banks to follow suit, analysts say.October 23
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Declining interest rates took a toll on its profit margin, but the Salt Lake City company still beat earnings expectations in the third quarter.October 21
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Words of wisdom from Lifetime achievement honoree LeeAnne Linderman, who was honored at American Banker's Most Powerful Women in Banking and Finance gala.October 3
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Linderman helped build Zions Bank into a retail force and shaped the multistate retail strategy of its parent company, but she will best be remembered for opening countless doors for women and minorities.October 1