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American Banker's Allissa Kline speaks with Shaun Bisman and Kelly Malafis of Compensation Advisory Partners about the latest trends in bank CEO pay and what to expect for the rest of the year.
July 14 -
The private-equity firm plans to focus on innovation and acquisitions when it takes a controlling stake of the payments processor.
July 14 -
The acting Comptroller of Currency Michael Hsu sits down for an in-person interview with American Banker.
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The Supreme Court's ruling on affirmative action in higher education has opened the door to challenges of diversity initiatives in the financial services sector, legal experts say. Internship programs for minority students could face scrutiny, as could efforts to increase workforce diversity.
July 13 -
The U.K. entrepreneur died from a rare form of bone cancer, with which he was diagnosed at the start of 2020.
July 13 -
The longtime chief executive of the Federal Reserve Bank of St. Louis will leave his post after 15 years to take an administrative position at Purdue University.
July 13 -
Venture capitalists are increasingly keen on firms that can guide merchants through a maze of emerging processing options.
July 13 -
Eligible customers would receive a credit of up to $5,000 that can be put toward expenses like closing costs, or used to secure a lower interest rate. It's the latest example of a bank launching a program aimed at extending credit to minority borrowers.
July 12 -
Former Federal Reserve Vice Chair for Supervision Randal Quarles criticized his successor's plan to significantly increase capital requirements for big banks, saying it would needlessly hurt the economy.
July 12 -
Before a hearing in which Sen. Elizabeth Warren, D-Mass., said she would reintroduce legislation making it harder for large banks to merge, the Senate Banking Committee sent three Federal Reserve nominees to the full Senate.
July 12 -
For now, worries about more bank failures have faded. But in the wake of the recent industry turmoil, higher funding costs are expected to weigh on banks' second-quarter results.
July 12 -
Deborah Donnelly, senior program manager of talent and performance at BECU in Washington state, has prioritized training the next generation of professionals in each position she's held.
July 12 -
The Charlotte bank plans to use quantum computing to stiffen cybersecurity, run more advanced AI applications and create new commercial use cases alongside IBM engineers.
July 12 -
The plaintiff that brought the case on behalf of the state says the banks inflated interest rates through a private, invitation-only VRDO index that influenced SIFMA's weekly index.
July 12 -
In this session we will draw on insights from new research conducted by American Banker and ServiceNow that provides insight into how institutions are strategizing to build customer-centric banks.
July 12 -
Discover how Five Star Bank uses TCS Customer Intelligence & Insights™ to deliver AI/ML powered real-time contextual insights.
July 12 -
Aaron Plante, VP, Lending and Banking at Chime; Matt Wolf, SVP of Business Development, Greenlight; Elizabeth Song, Global Category Development Officer, Financial Services, Spotify; Brian Elkins, executive Director Mongile; American Banker–Catherine Leffert
July 12 -
Voters so far are lukewarm on the president's efforts to change the narrative around his handling of the economy, but the administration's bid to win the economic messaging war could cause Washington to come down more harshly on banks.
July 12 -
Louisiana-based First Guaranty Bancshares will no longer buy Lone Star Bank in Houston after its stock price has plunged roughly 49% this year.
July 11 -
JPMorgan Chase hired Silicon Valley Bank veteran John China to co-lead the business of banking venture capitalists and startups, part of the firm's growth strategy for the sector.
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