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The Minneapolis company recently advised a nonprofit on a $30 million issuance that will provide financing to developers building multifamily housing and community facilities. It includes a framework, which the bank intends to deploy again, for informing investors on how the money is being used.
July 16 -
Hafize Gaye Erkan, the San Francisco bank's president, will share the chief executive role with longtime leader James Herbert, whose contract was extended through 2022.
July 13 -
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Acquiring the city’s largest bank would give Pittsburgh-based FNB the No. 6 market share in Maryland's largest city.
July 13 -
PNC, Regions and TD are among the banks that have taken steps to reduce their reliance on charges that disproportionately hit consumers living paycheck to paycheck. The changes come at a time when the Biden administration is expected to take a tougher stance on overdrafts.
July 13 -
Rosilyn Houston will succeed William Wolf, who is retiring this summer from Banco Santander’s U.S. unit.
July 12 -
The company angered hundreds of customers when its software flagged their accounts as suspicious and suddenly cut them off, according to a ProPublica report. The episode illustrates the challenge shared by fintechs and banks of rooting out scammers without being overzealous.
July 7 -
Europe has encouraged adoption with rules that put consumers in control of the way their data is shared among banks, fintechs and third-party vendors. Whether the U.S. can make similar progress without its own rules is unclear.
June 30 -
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Edward Al-Hussainy, senior interest rate and currency analyst at Columbia Threadneedle, will discuss the economy, inflation and the Federal Reserve.
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Six online lenders and the National Community Reinvestment Coalition have asked the Consumer Financial Protection Bureau for clarity on whether disparate-impact rules apply to lending decisions made by machines.
June 29 -
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Elissa LaBorde will become the president and chief executive of the advocacy group this summer.
June 29 -
Dozens of digital tools are billed as democratizing finance. But a number of entrepreneurs still see massive gaps.
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For years, women have gotten a foot in the door to the finance industry by becoming bank tellers. Now that path is disappearing.
June 28 -
Lorch, who has been with the company since the launch of the online-only First Internet Bank more than two decades ago, will inherit the job from David Becker, who remains chairman and CEO.
June 25 -
How the pandemic is accelerating trends in financial advice and changing the way Americans manage their money.
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How technology is enabling new types of payment transmission and what this means for banking.
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Deutsche Bank’s female employees in the U.S. represent about 21% of the firm’s top ranks and Black people account for around 5%, according to data released by the bank for the first time Friday.
June 18 -
Building a safer ecosystem: Why transparency, controls, and partnerships will drive next era of financial services.
























