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The Minneapolis company's addition of Karen Wimbish, a former Wells Fargo executive, to oversee wealth management products is one of several moves by U.S. Bancorp as it builds up its investment-advisory services.
December 28 -
A startup aims to highlight the social impact that banks have to allow easier vetting by prospective customers; community banks like Jill Castilla's are getting income from being tech vendors; and Amex is making its parental leave policies better next year, in a move that just might be an emerging trend. Plus, Wonder Woman loses her U.N. job because of the way she dresses.
December 15 -
Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Heritage Oaks Bancorp in Paso Robles, Calif.
December 13 -
The gender equality police namely, the activists Arjuna, Pax, and Trillium, which targeted Silicon Valley earlier this year is making moves on Wall Street now, starting with Citigroup, Bank of America and Goldman Sachs. Fed governor Lael Brainard encourages fintechs to tackle financial access and Cleveland Fed president Loretta Mester talks about the industry's past and future. Citi FinTech's Carey Kolaja celebrates its first product launch. Plus, people moves at Santander Consumer, Deutsche Bank and Bank of New York Mellon.
December 8 -
Santander Consumer USA Holdings in Dallas has named a former president of Ally Financial and a former Treasury Department official to its board.
December 6 -
Deutsche Bank has hired two executives to fill newly created positions meant to foster development of fintech products.
December 5 -
Mobile could become the one-stop shop that banking companies never quite achieved, blending basic banking, wealth management and other services, if efforts like those underway at Citigroup's fintech unit succeed.
December 5 -
Bank of New York Mellon has named two women executives from the energy and technology sectors to its board.
December 2 -
Citi's Debby Hopkins is retiring at the end of this year and Fidelity's Abigail Johnson is taking over for her father as its new chairman. Beth Mooney, Morgan Cambern, Claire Calmejane, and other execs talk about the impact fintech has had in their jobs and why technology should be embraced and not feared. Meanwhile, Citi faces a suit from a former trader over its alleged "Bro's Club" practices.
December 1 -
Debby Hopkins, chief innovation officer at Citigroup and chief executive of Citi Ventures, the bank's venture capital investment arm, is set to retire at the end of the year.
November 29