Consumer banking
Consumer banking
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Franklin Financial, which was recently freed from a memorandum of understanding, has installed interim leaders after its founding CEO's retirement and his son's resignation.
March 9 -
Six senior executives at Chemical and TCF will move into similar roles when the merger closes later this year. Chemical Bank's current CEO, Tom Shafer, will become president of the combined bank, reporting to CEO Craig Dahl.
March 8 -
Several banks could lose money over tax credits tied to DC Solar, a California firm wrestling with a fraud claim.
March 8 -
Until now, Toyota Financial Services has offered banking services to its dealers. But as it builds its digital bank, that will soon change, according to its newly appointed chief information officer.
March 8 -
Events like the recent government shutdown present opportunities for banks to help customers when they need it most.
March 8 -
The California company could charge off $15 million because of allegedly fraudulent acts by an employee at one of its correspondent customers.
March 8 -
Its move into new states will allow the nation’s largest bank to pursue the loan and deposit business of more state and local governments.
March 7 -
John Quill, a former deputy comptroller, had a key role deciding which banks could participate in the Troubled Asset Relief Program.
March 7 -
Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach.
March 7 -
Criminals are inventing new ways to hide dirty money amid transactions for digital goods bought and sold on everything from Amazon to game-app sites. Banks need to wake up to the threat, says Ben Duranske, Facebook Payments' former compliance chief.
March 7 -
Banks thrive when they invest in their workers as opposed to obsessively tracking the strategies of rival institutions.
March 7 -
Pacific Mercantile and P2Bi are collaborating on a program to help businesses that are not ready for traditional bank financing.
March 7 -
Karen Mills, who led the Small Business Administration from 2009 to 2013, is joining the Eastern Bank spinoff Numerated as an adviser and investor as it tries to bring online-lending technology to community banks.
March 6 -
SalesPhysics was created by industry veterans who once worked at Bank of America.
March 6 -
For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. But a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.
March 6 -
After converting to a mutual savings bank in 2013, the former CU is set to become a fully stock-owned company.
March 6 -
Is it realistic to think Wells Fargo might get a new female CEO? How one fintech makes women feel welcome, and how another fosters innovation. Plus some of our Most Powerful Women make big moves – two retire, one jumps from BNY Mellon to Amex, one exits a board and another joins one.
March 6 -
Under the recently appointed Director Kathy Kraninger, the bureau has the opportunity to address numerous problems with its collection and presentation of consumer grievances.
March 6 -
The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.
March 6 -
Concerns about an economic slowdown, rising deposit prices and cybersecurity abound, a survey found.
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