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Democratic Gov. Gavin Newsom signed legislation that establishes a commission to analyze the possibility of offering federally insured, fee-free bank accounts.
October 6
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The announcement of a new loan marketed by JPMorgan Chase and tied to the Secured Overnight Financing Rate raises hopes that the leveraged-loan market is finally making a real attempt to ditch Libor.
October 6
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Risk managers are generally not seen as innovators, but Houston's team is playing a critical role in supporting the development of groundbreaking new products aimed at improving customers’ financial health.
October 6
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It took prodding from Husic, Centric's CEO, to convince the bank's lenders to offer Paycheck Protection Program loans to noncustomers. More than 1,200 of those borrowers are now Centric customers.
October 6
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A leading voice for community banks, Stewart is a past chair of the American Bankers Association and serves on the board of the Seattle branch of the Federal Reserve Bank of San Francisco.
October 6
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Seven months into her new role, Fraser is leading a corporatewide restructuring aimed at unifying and simplifying business operations, improving profitability and returning more capital to shareholders.
October 6
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Lake is in her third role in four years at the nation's largest bank. Her breadth of experience makes her a likely CEO contender when current CEO Jamie Dimon retires.
October 6
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Piepszak, who is considered by many industry observers to be a potential successor to JPMorgan CEO Jamie Dimon, was instrumental in developing the firm’s $30 billion racial equity commitment.
October 6
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Finucane aims to establish BofA as a global leader in financing the transition to a greener economy.
October 6
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As head of global liquidity and cash management, Reyes oversees an operation that has 9,000 employees serving 40,000 large corporate and midmarket companies and 1.5 million business banking clients.
October 6
