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Camden National in Camden, Maine, is uniting its trust and bank units to form a wealth management division.
September 13 -
A likely sale of CIT Group's aircraft unit (and a whole lot of other stuff) is keeping Ellen Alemany busy, a former Wall Street banker talks about big data as a financial weapon of mass discrimination targeting women and the poor, and First Busey shows how investing in employees pays off. Also, TIAA's Kathie Andrade, Deloitte's Cathy Engelbert and (to spice things up) Victoria Beckham.
September 8 -
CIT Group's likely sale of its aircraft unit would reduce it to just above the threshold for systemically important financial institutions. Some analysts and investors want CEO Ellen Alemany to downsize the commercial lender further.
September 7 -
Meta Financial Group in Sioux Falls, S.D., has promoted Cynthia Smith, its head of technology and operations, to chief operating officer.
September 6 -
Laura Oberst will take over as Wells Fargo's head of business banking at yearend.
September 2 -
Scott Conway's resignation from the $292 million-asset bank took effect Aug. 29, according to a regulatory filing issued on Thursday by the bank's holding company, Farmers Capital Bank Corp. in Frankfort, Ky.
September 2 -
Wells Fargo has worked toward achieving gender diversity internally, now it's courting women-owned businesses. Sallie Krawcheck says if organizations wanted to fix the gender pay gap, they could easily. Meanwhile in Silicon Valley, the majors are promising to pay their male and female employees equally, and Accenture finds women on boards are twice as likely to have the right technology experience for a company as their male counterparts.
September 1 -
Green Dot Corp. has tapped one of its board members, Mary Dent, to take the helm of its banking unit.
August 31 -
Silicon Valley Bank in Santa Clara, Calif., has hired Laura Izurieta as its chief risk officer. She will lead the company's risk management, corporate compliance and regulatory relations functions and serve on the executive management team.
August 31 -
Ford Motor promoted veteran executive Joy Falotico to lead the Ford Credit lending unit, making her the first woman to run the operation that provides financing to auto buyers and dealers worldwide.
August 30