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Banks continue to lay off operations workers and send their jobs to other countries with lower labor costs. They may feel they have no choice, but there are risks to consider.
October 4 -
Male bankers are often unaware of how they benefit from a level of privilege that limits the advancement and contributions of their female colleagues, to the detriment of the entire industry.
October 4
FemTechGlobal -
A strategy to reinvigorate black-owned financial institutions would not only bring hope to the black community but would also be an inspiration for other minorities who seek to be more effectively served by financial institutions that understand their needs.
October 3
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Julie Stackhouse, head of supervision at the Federal Reserve Bank of St. Louis, discusses the insights that resonated at the regulator's recent community banking conference some encouraging for the future of small financial institutions, others less so.
September 30 -
Shiv Govindan at Pilgrims & Indians Capital has kept a relatively low profile as a bank investor. But two key board appointments at struggling community banks promise to make him a more visible player in the industry.
September 30 -
Community bankers are showing renewed interest in consumer lending but admit they may be losing ground to more tech-savvy players, according to a survey released Thursday.
September 29 -
Orrstown Financial in Shippensburg, Pa., has agreed to pay a $1 million to settle charges that it misled investors as it raised capital in the wake of the financial crisis.
September 29 -
As the Wells Fargo story has played out, pundits have been quick to blame "sales culture" for improper behavior, but that's like blaming automobiles for reckless drivers.
September 29
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The investment bank's annual ranking of midcap all-stars includes 10 returning all-stars from 2015 and 11 newcomers.
September 26 -
Technology? Bankers can keep up. New regulations? We've got people to handle that. But how to account for the flight of customers, prospective employees and economic opportunities from rural areas is perhaps the biggest challenge facing community lenders and policymakers, warns a longtime Oklahoma banker.
September 26 -
First NBC Bank Holding of New Orleans disclosed that it will miss a self-imposed deadline for filing reports for the first and second quarters.
September 26 -
The subprime auto lender continues to struggle to get its arms around accounting issues that date to 2013.
September 23 -
A compliance-at-all-costs mentality, which is the overarching attitude in many banks, results in overspending and overallocating valuable resources to meet both real and perceived compliance standards.
September 23
Resurgent Performance -
Paper-based marketing not digital communication remains a more promising way to reach customers 50 and older, who also tend to be a bank's wealthiest client segment.
September 21
Liberty Bank -
The activist investor is irate that the company's board will not meet to discuss concerns it has over executive compensation and corporate governance.
September 20 -
Contrary to expectations about growing mortgage lending volumes, current industry trends suggest a gradual reduction in capacity for both lending and servicing that should alarm policymakers.
September 20
Whalen Global Advisors LLC -
The Bancorp is keeping its cards close to its vest when it comes to job cuts it made last week. The move is leaving analysts guessing as to exactly how many people and what types of positions were cut.
September 19 -
The revelations at Wells Fargo are reminder to directors that when a bank's performance is too good to be true, it likely is.
September 19
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The embattled bank is under pressure to claw back bonus pay from executives. Its decision figures to have ripple effects throughout the industry.
September 16 - Minnesota
Speaking at an investor event Thursday, U.S. Bancorp Chief Executive Richard Davis said he has no plans to court Wells Fargo customers who might be put off by the recent account-related scandal at their bank.
September 15

