With hurricane season just weeks away, bankers from coastal markets share the hard lessons learned after the storms that belted Florida, the Gulf Coast and elsewhere last year. Their advice can be applied in all kinds of emergencies.
CEO Tim Sloan and board chair Elizabeth Duke fielded tough questions Tuesday on everything from the embattled bank’s culture to its ties to the private prison industry.
Readers opine on the possibility of an Amazon-JPMorgan Chase checking partnership, weigh in on the Crapo bill, applaud plans that would make the CFPB more of a backup regulator and more.
As financial institutions find themselves at the center of political fights on topics like energy financing, marijuana and guns, they should avoid caving in to activist demands.
After tackling immediate problems, such as accessing electricity and arranging cash deliveries, bankers are facing a longer-term concern: What if customers who fled the island after Hurricane Maria don’t come back?
Eagle Bancorp vigorously defended itself after a potential short seller made claims of dubious insider dealings, pushing back harder than many banks have in the past.
