Bankruptcy Blogs

Umpqua lines up sale of wealth management business

09/28/20

The pending sale of Umpqua Investments should free up funds for the company to invest in other businesses.

[more]

JPMorgan says most consumer staff to work from home until 2021

09/28/20

JPMorgan Chase told thousands of office workers across its consumer unit they can plan to continue working remotely until next year, breaking with the firm’s Wall Street operations.

[more]

Wells Fargo: How to reinvent a culture

09/28/20

Mary Mack, who heads Wells Fargo's consumer banking and small business division, talks about the challenges of reforming a bank's culture from the inside, the rise of women in the banking industry and reaching customers who need their services the most

[more]

Credit unions awarded $45.8M in CDFI grants

09/28/20

Several institutions were first-time recipients in the latest round of funding, including $2.75 million for Self-Help FCU.

[more]

New leadership in the cockpit at Air Force Federal Credit Union

09/28/20

Ryan Ross will take over as CEO of the San Antonio, Texas-based institution for Bob Glenn, who is retiring.

[more]

BofA’s $2 billion bond aims to curb race inequality, spur market

09/28/20

The initiative, backed by Vice Chairman Anne Finucane and Chief Operating Officer Tom Montag, is Bank of America’s eighth environmental, social and governance-themed bond.

[more]

Timing right for banks to embrace apprenticeships, advocates say

09/28/20

The American Association of Bank Directors is setting up an on-the-job training program to help banks reach a younger and more diverse group of prospective employees.

[more]

Why some banks still lean on mainframes

09/28/20

Sales of the tried-and-true hardware keep rising despite a global shift to the cloud, and a recent survey found that large companies continue to prefer the performance and security they get from big iron.

[more]

Week ahead: Presidential debates and congressional battles

09/28/20

President Trump and former Vice President Biden meet face-to-face this week while Republicans and Democrats push conflicting priorities in Washington.

[more]

‘Fincen files’ underscore urgency of AML reform

09/28/20

Better dialogue between banks and authorities coupled with stronger anti-money-laundering measures could help address the suspicious activity report flaws revealed by investigative journalists.

[more]