-
With prolonged low interest rates, Centric Bank is targeting niche groups while eyeing ways to poach customers from recent sellers in Pennsylvania.
September 13 -
Camden National in Camden, Maine, is uniting its trust and bank units to form a wealth management division.
September 13 -
A likely sale of CIT Group's aircraft unit (and a whole lot of other stuff) is keeping Ellen Alemany busy, a former Wall Street banker talks about big data as a financial weapon of mass discrimination targeting women and the poor, and First Busey shows how investing in employees pays off. Also, TIAA's Kathie Andrade, Deloitte's Cathy Engelbert and (to spice things up) Victoria Beckham.
September 8
-
CIT Group's likely sale of its aircraft unit would reduce it to just above the threshold for systemically important financial institutions. Some analysts and investors want CEO Ellen Alemany to downsize the commercial lender further.
September 7 -
Meta Financial Group in Sioux Falls, S.D., has promoted Cynthia Smith, its head of technology and operations, to chief operating officer.
September 6 -
Laura Oberst will take over as Wells Fargo's head of business banking at yearend.
September 2 -
Scott Conway's resignation from the $292 million-asset bank took effect Aug. 29, according to a regulatory filing issued on Thursday by the bank's holding company, Farmers Capital Bank Corp. in Frankfort, Ky.
September 2 -
Wells Fargo has worked toward achieving gender diversity internally, now it's courting women-owned businesses. Sallie Krawcheck says if organizations wanted to fix the gender pay gap, they could easily. Meanwhile in Silicon Valley, the majors are promising to pay their male and female employees equally, and Accenture finds women on boards are twice as likely to have the right technology experience for a company as their male counterparts.
September 1
-
Green Dot Corp. has tapped one of its board members, Mary Dent, to take the helm of its banking unit.
August 31 -
Silicon Valley Bank in Santa Clara, Calif., has hired Laura Izurieta as its chief risk officer. She will lead the company's risk management, corporate compliance and regulatory relations functions and serve on the executive management team.
August 31 -
Ford Motor promoted veteran executive Joy Falotico to lead the Ford Credit lending unit, making her the first woman to run the operation that provides financing to auto buyers and dealers worldwide.
August 30 -
Symbiont, a developer of software for self-executing smart contracts, has hired Wall Street veteran Caitlin Long as president and chairman.
August 30 -
The Best Banks to Work For study is a collaboration between American Banker and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.
August 28 -
New Bancorp in New Buffalo, Mich., has hired Shawna Zawada as controller and principal financial officer, days after Russell Dahl resigned as chief financial officer.
August 25 -
Technology can be an excellent tool for solving problems, like the confidence gap in salary negotiations, which one startup is addressing. Research shows bots can fully oust millions of full-time workers from their jobs and Christine Duhaime says women in banking will lose if they don't step up to the opportunity. Also, Maureen Sherry, former Goldman banker Shauna Mei and Sam Polk talk about life after Wall Street.
August 25
-
If there is a takeaway from Citigroup's not-quite-stellar rollout of the Costco Anywhere Visa card, it is this: Even in modern times, the transition of large card portfolios from one issuer to another can prove disastrously complex.
August 24 -
Rewards are considered a key driver to get consumers to adopt mobile payments, and Walgreens has tied its loyalty program to Android Pay.
August 23 -
Theres no way to gift-wrap the EMV woes for issuers and retailers around the upcoming holiday sales season.
August 23 -
Acquirers and independent sales organizations have long heard a similar refrain: Adjust to the fast pace of technology or perish.
August 23 -
Citigroup Inc. mistakenly sent e-mails to some active Costco Wholesale Corp. members telling them their wholesale club membership had lapsed and that their cards would be canceled, bringing a fresh headache to the new partnership.
August 22






