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The banking goliath is continuing to execute its four-pillar technology investment strategy, CIO Lori Beer said at its investor day.
May 30 -
Comerica's shoddy handling of its Treasury contract to manage Social Security and veterans benefits — including outsourcing fraud claims to a vendor in Pakistan — is emblematic of how the banking industry treats the poor.
May 30
American Banker -
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A muted dealmaking environment has dented revenues across Wall Street.
May 30 -
The lawyer representing tech entrepreneur Bob Lee's accused killer has quit, following a disagreement with her client over how quickly he should press forward with his defense against murder charges.
May 30 -
After years of attempting to pivot away from its historic reliance on ATMs and point-of-sale hardware in favor of software, one of the industry's mainstays is running out of options.
May 30 -
Led by Chairman Marshall Reynolds, the entire board of directors participated in a private placement that raised $10 million for the Hammond, Louisiana, company.
May 30 -
The longtime executive and former Trump Administration official will rejoin Goldman colleagues at merchant bank BDT & MSD Partners.
May 30 -
The banks that succeed in keeping top talent, from the branch to the corporate headquarters, do it by facilitating and encouraging employees' professional development.
May 30
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A Comerica Bank executive admitted to major failures in its handling of the Treasury Department's Direct Express program, including data and resolved fraud disputes sent to a vendor's office in Lahore, Pakistan, a "serious" contract violation.
May 29 -
Ever since Silicon Valley and Signature banks collapsed in March, a scramble began among regulators, politicians, bank executives and others to manage the fallout from this spring's banking crisis. Here are 10 predictions of what still lies ahead to be dealt with.
May 29 -
Like it or not, Big tech is going to become a player in financial services. It would be better to write rules now than to wait for a crisis.
May 29
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Stakeholders have been focused on what went wrong in the months before Silicon Valley Bank was taken over by regulators. However, essential risk management was missed more than a year ago.
May 29
Darling Consulting Group -
To strengthen the industry, large regional banks should be subjected to heightened supervision and the Federal Deposit Insurance Corp. should change how it assesses deposit insurance premiums.
May 29
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After the failures of Silicon Valley Bank and Signature Bank, other institutions rushed to reassure their customers. But it can be tricky to ensure these messages do no harm.
May 29 -
The global accord's provision on supervision establishes broad authorities over risks not expressly covered in capital rules. The Federal Reserve's top regulator has already hinted that those authorities might be relied on more in the wake of this spring's bank failures.
May 26 -
Nine experts weigh in on what might happen inside the banking industry in the years to come.
May 26 -
After the three bank failures, PacWest customers yanked billions of dollars as the firm scrambled to stabilize capital and liquidity levels, and the stock has plunged 70% this year.
May 26 -
Pledges to get to net-zero funded emissions by 2050 appear to be falling by the wayside as oil companies expand their fossil fuel extraction operations.
May 26The Sierra Club -
Try keeping quiet and listening instead of talking, suggests the journalist Dan Lyons in his new book, "STFU." Doing so can lead to a host of benefits, from career advancement to a better marriage.
May 26
American Banker















