Many institutions said they would close branches, operate drive-throughs only, limit lobby visits to appointments or take other protective steps. Yet others want to stay open to promote public confidence in the banking system. ... Read full article
A New Jersey jury has put banks and other businesses on notice about their liability for incidents involving clients who mistreat employees in the workplace. ... Read full article
The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes. ... Read full article
A seasoned investor in startups offers his top predictions for the coming decade. Among them: Big tech firms will become big players in financial services. ... Read full article
The bank is the first U.S. one approved for a majority-owned securities unit in China; the FSB said banks must get serious about replacing the benchmark. ... Read full article
The company created by the BB&T-SunTrust merger said that Truliant Federal Credit Union does not own the trademark rights to names beginning with the prefix "tru." ... Read full article
Clear communication is critical when banks undergo a leadership or operational change. ... Read full article
Credit unions and banks in the Great Lakes State could soon offer driver's license renewal and related services. ... Read full article
Linderman helped build Zions Bank into a retail force and shaped the multistate retail strategy of its parent company, but she will best be remembered for opening countless doors for women and minorities. ... Read full article
As branches in remote areas disappear, banks run the risk of losing business to fintechs. ... Read full article
A court ruling deals a blow to efforts by HUD to restrict nonprofit housing funds from operating on a national scale; most banks get another year to implement CECL; PNC chief William Demchak plans to enter more markets and more from this week’s most-read ... Read full article
Other banks say they need to add branches to attract more deposits, but Capital One is sticking to its strategy of aggressively closing them and gathering the bulk of new deposits online. ... Read full article
Paramount Financial Technologies says its software can help banks answer key questions about their branch networks, including when it makes sense to expand them. ... Read full article
Online banking and self-service options for customers free branch workers to focus on business development. Employees will need to step up to the challenge or they'll be left out. ... Read full article
The Minneapolis bank will open about 10 branches in North Carolina's largest city by the end of next year, adding to already intensifying competition among big banks. ... Read full article
Bank managers should remember their roots and keep their hands in business development, even as they climb the ranks. ... Read full article
Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday. ... Read full article
Will Howle, head of U.S. retail and mortgage banking, and Alice Milligan, chief digital experience officer, will leave this spring. ... Read full article
The bank says regulators want information about its possible role in the money laundering scandal; Kristi Mitchem moves to BMO Global Asset Management. ... Read full article
Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes. ... Read full article
