Commercial banking

Comerica Chairman Babb to retire at year-end

11/05/19

Ralph Babb had stepped down as CEO in April. Curtis Farmer, who succeeded him as chief executive, will assume the chairman's title starting next year.

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The changing shape of bank-fintech partnerships

10/29/19

Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster.

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JPMorgan weighs shifting thousands of jobs out of New York area

10/28/19

Executives are deciding what roles could be relocated to lower-cost hubs such as Plano, Texas; Columbus, Ohio; and Wilmington, Del

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FirstBank to buy Santander's Puerto Rico operations for $1.1 billion

10/22/19

The deal, which is expected to close in mid-2020, would create a company with nearly $18 billion of assets and more than $14 billion of deposits.

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Strong C&I, fee-income growth help Zions weather margin pressure

10/21/19

Declining interest rates took a toll on its profit margin, but the Salt Lake City company still beat earnings expectations in the third quarter.

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It takes every kind of people to make a good diversity effort

10/17/19

Employee programs need to embrace a wide range of groups including women, minorities and the LGBTQ community.

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Costs weigh on Wells Fargo as new CEO prepares to take reins

10/15/19

Perhaps the biggest test that Charles Scharf will face when he starts next week will be how to control expenses while still trying to make the necessary investments in risk management to satisfy regulators.

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What’s fueling Citizens’ westward expansion

10/09/19

The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.

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HSBC to cut up to 10,000 Jobs to slash costs: Report

10/07/19

Europe would feel the brunt of the reductions, which would affect about 4% of the bank's global workforce.

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Why 'WaFd'? To avoid being seen as a credit union

10/03/19

When Washington Federal last rebranded, it was to signal its shift from a savings and loan association to a commercial bank. This time around, it's to reflect geographic diversity and its desire to be viewed as a bank.

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