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The Connecticut bank said its newly minted president, Steven Sugarman, successfully led a private placement and signed a long-term employment agreement that makes him a potential CEO. David Lowery, current chief executive of Patriot, plans to step down in April.
March 20 -
The New York bank's moves add to a series of workforce reductions across Wall Street as bosses navigate an uncertain economic outlook.
March 19 -
The regional bank, which hired a commercial banking team away from Citizens Financial Group, has identified growth opportunities not only in the Garden State, but also in Pennsylvania and Texas.
March 12 -
The CEO of $2 billion-asset Clearview Federal Credit Union credits her career to a lifelong love of learning.
March 11 -
The Trump administration's attack on diversity, equity and inclusion programs raises the question: Will big banks continue their support of minority depository institutions?
March 10 -
Leo Salom, who has led Toronto-Dominion's U.S. division since 2022, saw his variable pay decline 35% in 2024.
March 5 -
Goldman Sachs Group is planning to start its annual round of reductions earlier in the year after previous cuts took place in the latter half.
March 4 -
Artificial intelligence will make finance more efficient, reduce inefficiencies and empower professionals to do more with less. But the need for human judgment, leadership and risk-taking? That's not going anywhere.
March 4 -
Small lenders across the country filled leadership positions, including Orrstown Financial Services and QCR Holdings.
March 3 -
The Federal Deposit Insurance Corp. cut between 600 and 700 of its employees as President Trump's federal downsizing effort advances, fueling concerns over oversight and potential agency consolidation.
February 28