Strategic plans

As management teams meet to set their priorities, there is a range of issues, including consolidation, cybersecurity and succession planning, that will likely come up.

Credit unions will be covering a range of important issues, including community development and enterprise risk management, as they review their operations.

The most profitable banks in American Banker’s annual rankings frequently produce year after year. That success requires rigorous budgeting and planning, timely analysis and more.

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Low unemployment and the promise of millions of new jobs have some in the industry seeing a chance to increase membership and lending in the Lone Star State.

The company is facing criticism after a big chargeoff on two properties, showing that investors have little patience when a risky business model shows signs of distress.

It will also invest in mortgage and small-business lending and in neighborhood revitalization efforts there. The moves are part of a nationwide expansion by the largest U.S. bank.

Credit unions face a delicate balancing act in their technological initiatives, including satisfying members, navigating vendor contracts and more.

JPMorgan Chase denied a report in the German magazine WirtschaftsWoche that it's interested in acquiring a stake in Deutsche Bank, after the lender's share price slumped.

There's a battle being waged by Bank of Montreal and its smaller rival, Canadian Imperial Bank of Commerce, as they compete against JPMorgan Chase and almost 200 other lenders in so-called Chicagoland — one of the toughest banking markets in the U.S.

JPMorgan Chase plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24% discount as it exits noncore holdings globally.

One recruiting and strategic planning consultant says the movement isn't doing enough to prepare for major changes in leadership at hundreds of large institutions.

Bank of Montreal is revamping its U.S. digital operation and targeting small businesses in the Midwest to boost growth at its BMO Harris Bank lender.

Fixing HSBC's troubled U.S. division will be one of the "most challenging" parts of the lender's new $17 billion strategy, Chief Executive Officer John Flint said.

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HSBC Chief Executive Officer John Flint and Chairman Mark Tucker are considering shrinking the bank's global imprint even further as part of a plan set to be revealed over coming months, according to people with knowledge of the discussions.

Banks should ensure that their employees are nimble enough to react when unexpected situations arise, just as many had to do during the 2008 crisis.

Live Oak Bancshares took two years developing a loan for cemetery operators, a group that faces challenges with financing for property improvements.

The move provides a strong hint of the long-term succession plan CEO Leon Holschbach is putting in place.

The company will still use the building for its main office, but it will move its administrative staff to another building.