Financial institutions

Under the bill, regional banks may eventually be able to shed the systemically important financial institution designation that subjects those with more than $50 billion in assets to tougher regulatory requirements.

Arthur Levitt says seemingly daily scandals highlight the lack of oversight and corporate governance shortcomings of financial technology firms, but two marketplace lending executives responded that more mature companies have just as many problems.

The island's largest bank has reopened a portion of its branch network while rushing cash to ATMs and consoling clients and employees in the first week of recovery from Hurricane Maria. But it and other banks are likely months away from normal operations.

In light of the recent disbursement of nearly $40 million in grants to credit unions from The Treasury Department’s Community Development Financial Institutions Fund, Credit Union Journal surveyed some credit unions which have received CDFI grants in the past to find out how these funds are being used.

The Trump administration has implemented an apparent role reversal for the Financial Stability Oversight Council, leaving the true intended role of the post-crisis systemic risk body unclear.

Chemical Financial and Fidelity Southern are the latest banks to curtail auto lending, blaming trends in auto sales and overheated competition.

Ironically, the credit bureau’s rise was built on promise to safeguard customers’ most sensitive information; bank to build global ops center in Warsaw.

The job descriptions of Bank of the West's branch employees have changed substantially, so each of them has received a 'passport' as a symbol of their journey.

Nandita Bakhshi has begun to put her stamp on Bank of the West.

Long before she set out to reshape CIT Group, Ellen Alemany accepted her first job as a bank CEO — on the eve of the mortgage meltdown. A big lesson that has stuck with her since then is the importance of communicating clearly and constantly with employees.

American Banker on Sep. 25 announced its 15th annual ranking of the Most Powerful Women in Banking and Finance.

Climbing the ladder at a large company can be daunting. At Bank of America, promising women and minority candidates are given personalized attention early on to give their careers a boost.

Bank of America's reputation took an enormous hit from the financial crisis; it's been Anne Finucane's job to restore it.

When Zions Bancorp. in Salt Lake City decided to consolidate its seven bank charters into one, executives knew they would have to work hard to retain their most talented employees amid all the disruption.

Sandy Pierce's myriad responsibilities include managing Huntington’s 18 regional bank presidents, overseeing its private bank and leading all activities in Michigan.

The Most Powerful Women in Banking are reshaping not only their institutions, but also their industry. And each is doing so in her own unique way.

Hannah Grove has made it her mission to "eradicate jargon" at State Street, in an effort to make the company more acceible to its customers and easier for the public to trust.

Jennifer Smith is overseeing a core conversion that is the largest tech project in Zions' history.

KeyCorp's $4.1 billion purchase of First Niagara is being hailed as a success, and Amy Brady deserves substantial credit.

Some of these leaders are new to their roles, while others have been in theirs for years. But one thing they all have in common is that they are commanding attention.