'Another hysterical voice of doom': Comments of the week
Readers sound off on climate change, the Federal Reserve's incoming real-time payments system, praise efforts for gender pay equity and more. ... Read full article
Readers sound off on climate change, the Federal Reserve's incoming real-time payments system, praise efforts for gender pay equity and more. ... Read full article
Fifth Third Bancorp becomes the largest bank to switch from state to OCC regulation; former Deutsche CEO named chairman of Man Group. ... Read full article
How politics, corruption, population growth and new technology are reshaping banking in Central and South America. ... Read full article
The CEO of J.P. Morgan Asset Management and American Banker’s Most Powerful Woman in Finance shares advice about dealing with tricky clients and colleagues. ... Read full article
Yolande Piazza explains Citi Fintech's process for obtaining customer feedback on new apps ... Read full article
Mary Callahan Erdoes, CEO, J.P. Morgan Asset Management and American Banker’s Most Powerful Woman in Finance, shared a funny story about her kids and her boss, Jamie Dimon, at the Most Powerful Women in Banking dinner. ... Read full article
Geena Davis told a group of female bankers on Thursday that women are rarely seen in anything but supporting roles. ... Read full article
How Ellen Alemany, CIT's CEO, is enforcing a set of core behaviors at the company. One is straight talk. ... Read full article
Karen Mills, former head of the Small Business Administration, says the glut of online lenders could help entrepreneurs obtain funds quickly. ... Read full article
While some policymakers are open to accommodating fintech companies with looser oversight compared to banks, the New York State superintendent is unapologetic about her tough approach. ... Read full article
The bank uses machine learning to customize content in real time on its website for every user, based on their behavior during their session. ... Read full article
How can banks improve performance while dealing with low interest rates and high regulatory expenses? One effective strategy is to bulk up, as shown by our annual ranking of the top 200 banks with less than $2 billion of assets. ... Read full article
Income volatility is a persistent problem for millions of U.S. households. Banks and fintech companies are trying to help consumers cope — but the industry can do more. ... Read full article
From SoFi to Venmo, fintech competitors are creating a customer experience that is so fast and easy community bankers like Julieann Thurlow cannot help but worry. ... Read full article
The number of deals in early 2017 was similar to the same period last year, though the pricing has increased. Also see which M&A advisers were the most active for each region during 2016 in our annual ranking. ... Read full article
Creative growth strategies are helping banks with $10B to $50B of assets — including Webster and TCF — improve profitability. These ‘tweeners’ deal with tougher regulations than smaller competitors without the scale larger ones have to absorb the expense. ... Read full article
Banks are undergoing a digital transformation at the same time that hacker culture has taken off, escalating the security risks. Here is one strategy for protecting data where many banks need to improve. ... Read full article
Financial institutions of all sizes are overhauling benefits policies and promoting work-life balance to better compete for millennial recruits with the hipper tech sector. The big changes include longer periods of paid time off for new parents. ... Read full article
With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line. ... Read full article
From frictionless payments to improved underwriting models, connected cars will rewrite the rules for how and where banks interact with their customers. ... Read full article