News Topic: National banks

Long before she set out to reshape CIT Group, Ellen Alemany accepted her first job as a bank CEO — on the eve of the mortgage meltdown. A big lesson that has stuck with her since then is the importance of communicating clearly and constantly with ... Read full article

Bank of America's reputation took an enormous hit from the financial crisis; it's been Anne Finucane's job to restore it. ... Read full article

When Zions Bancorp. in Salt Lake City decided to consolidate its seven bank charters into one, executives knew they would have to work hard to retain their most talented employees amid all the disruption. ... Read full article

Climbing the ladder at a large company can be daunting. At Bank of America, promising women and minority candidates are given personalized attention early on to give their careers a boost. ... Read full article

American Banker on Sep. 25 announced its 15th annual ranking of the Most Powerful Women in Banking and Finance. ... Read full article

Citigroup plans to purchase or produce all of its energy from renewable sources by 2020, the company said during Climate Week New York. ... Read full article

How do you restore profits after a banking scandal that victimized both customers and employees — without inflicting more pain on either side? ... Read full article

Sanger is out at Wells Fargo and so it is a crisis that gives us our first female board chair at a major U.S. bank. Women lead two major tech initiatives at JPMorgan Chase, which is also adding a fourth woman to its executive committee. ... Read full article

Duke, currently vice chairman, was rumored to be a likely contender for the chairman spot last week. ... Read full article

The mishandling of the two former employees’ complaints, detailed in documents and by former OSHA officials, raises questions about the government’s treatment of whistleblowers throughout the financial services industry. ... Read full article

JPMorgan CEO Dimon says banks are putting Silicon Valley to shame … in terms of diversity; Uber’s plan to replace its CEO with a woman seems to be sputtering; and Yellen’s potential successors also are all men. ... Read full article

Wells Fargo's admission that it charged customers for auto policies they didn't request has prompted an investigation by a California's insurance regulator. ... Read full article

Wells Fargo customers suing the bank for forcing them to pay for unnecessary auto insurance that drove some of them into default on their car loans asked a court to order the bank to immediately take steps to repair their credit reports. ... Read full article

After yet another scandal, it's time for would-be Wells Fargo shareholders to decide: Is this a rare buying opportunity or has the bank lost its mojo? ... Read full article

Just as pre-crisis success was illusory, so too might be expectations that banks could ever regain that type of profit growth again. ... Read full article

The McLean, Va., lender, which has substantial exposure to subprime consumer loans, also added to its provision for credit losses. ... Read full article

Small-business customers of Bank of America can now apply for credit through the bank’s digital channels. ... Read full article

The CEO of Keefe, Bruyette & Woods, a top matchmaker for bank mergers, explains why large banks will soon return to dealmaking after a long absence, the case for starting new banks and the enduring value of branches. ... Read full article