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Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent deals who could have a big impact.
September 18 -
The Office of the Comptroller of the Currency has been taking the lead on a federal license for fintech firms, but the central bank will decide if such companies can access the payments system and other benefits.
September 18 -
Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.
September 18 -
Organizers of Watermark Bank aim to open early next year.
September 18 -
LoanDepot's CEO Anthony Hsieh delivered a bracing message to mortgage lenders on Monday — strong new competitors are coming into this market, so they need to expand their offerings.
September 17 -
The storm dumped a record amount of rain on North Carolina over several days. Some sections of the coast remain off limits due to flooded highways.
September 17 -
A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall.
September 17 -
A former Federal Home Loan bank president argues that the system should limit its exposure to risky nonbanks.
September 17
Flushing Bank -
The industry risks losing more business to fintech startups and facing increased attacks in Washington if it can’t shore up its reputation.
September 14
American Banker -
As the Cincinnati bank seeks to regroup after the fatal shootings at its headquarters, the incident underscores the need for preparedness at banks and credit unions of all sizes, workplace safety experts say.
September 14 -
As Synovus brought all of its 28 banks under the same name and logo, management made sure employees were well informed and comfortable with the changes.
September 14 -
Four lenders, led by Sallie Mae, have long dominated the market for private student loans. But they could soon face new competition from Navient and Nelnet.
September 13 -
Cape Cod Five Cents Savings Bank has transformed its summer intern program so that it is more structured and attracts students who could see themselves staying in the industry.
September 13 -
Dodd-Frank authorized the council to designate specific nonbanks for tougher supervision, but the Trump administration has signaled support for "activities-based" designations.
September 12 -
The surge in populist politics that helped fuel President Donald Trump's victory and the rise of progressives on the left wasn't triggered by U.S. policymakers' response to the 2008 financial crisis, said former Federal Reserve Chairman Ben Bernanke.
September 12 -
The interagency council voted in favor of the bank's application to remove its designation, though the practical effect of the decision is muted by the regulatory relief law passed this spring.
September 12 -
Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.
September 12 -
Varo Money just received conditional approval from the OCC. Now it has to raise capital, create a CRA plan and get a go-ahead from the FDIC.
September 12 -
The Tennessee regional said the sale should boost quarterly profit by $160 million.
September 12 -
The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.
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