Disaster recovery

No quiet retirement for longtime Webster Financial chief


James Smith, who recently completed his gradual transition out of banking, was spearheading a public-private economic development plan for Connecticut when the coronavirus pandemic hit. The crisis made the need for the plan greater — and the job harder.


Crisis mode provides another lesson for banks, not a life sentence


Coronavirus has taken bankers out of their comfort zone. But they should view adaptations they’ve made in confronting the pandemic as a chance to hone their emergency response skills, not a permanent new normal.


Small-dollar loans highlight banks’ coronavirus relief efforts


Many banks are offering low-interest loans to help consumers and small businesses withstand the economic shocks of the pandemic. Some are also doing away with ATM, overdraft and late fees because, as one CEO put it, that revenue “is not the most important thing right now.”


Are ATMs making the coronavirus crisis worse?


Automated and interactive teller machines aren’t germ-free in the best of times, and the pandemic has raised new concerns about the possibility of those devices infecting consumers and staff.


Camille Burckhart, Popular Inc. | Most Powerful Women: Next


As part of the continuing rebuilding effort in Puerto Rico after Hurricane Maria, Banco Popular's nonprofit foundation has several startups working out of its main location in San Juan. For Camille Burckhart, it is part of a mission to help the island get back to normal.


Regulators offer relief to institutions impacted by California wildfires


Federal and state regulators Thursday offered a slew of regulatory relief measures to banks and credit unions impacted by the disastrous California wildfires.


Puerto Rico's biggest bank finds ways to grow as island population shrinks


Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria.


Could lenders have done anything differently in Puerto Rico?


Few small businesses in Puerto Rico applied for credit to finance recovery from hurricane damage. The reasons are instructive for financial institutions’ response to disaster recovery, the New York Fed says.


Popular rebounds from Maria, but Puerto Rico's challenges endure


The San Juan company has largely recovered from the hurricane that hit a year ago, and it has made extensive preparations for future natural disasters. Yet its home market is still suffering from debt and net outmigration of residents.


Banks across the Carolinas assess aftermath of Hurricane Florence


The storm dumped a record amount of rain on North Carolina over several days. Some sections of the coast remain off limits due to flooded highways.