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The executive shuffle at the company continues as Credit Suisse America’s Paula Dominick is hired to replace Mike Roemer as chief compliance officer. It also hired or promoted four line-of-business chief risk officers and an enterprise testing leader.August 13
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The Massachusetts company is laying off more than 40 employees with a focus on people working in its retail banking operations.August 13
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Eight of the top 15 firms increased headcount this year through June, while only four reduced it.August 12
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The coronavirus pandemic has created major credit issues at the Boston bank and stymied efforts to improve profits, fueling speculation that the onetime serial acquirer could be a takeover target.August 11
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The promise, made by the chief executive officers of 27 companies including JPMorgan Chase, Citigroup and Bank of America, is part of a new initiative called the New York Jobs CEO Council.August 11
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The agency sought feedback on potential changes to the Equal Credit Opportunity Act. But a coalition of industry and advocacy groups want a longer comment period to afford “a greater opportunity for thoughtful public participation.”August 10
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Many will need to ramp up security protocols and reconsider which services require a high-tech versus human touch.August 10
CEOCCG Catalyst
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Full-time equivalent, as of Mar. 31, 2020. Dollars in thousands.August 10
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Institutions large and small are either creating new positions or elevating existing diversity heads to C-suite roles. Will the moves help banks improve equality within their ranks and better serve their communities?August 9
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“We do not yet know when we’ll return to a more traditional operating model,” a company spokesperson said.August 5
