News Topic: Recruiting

Finance students at Marquette University will make loans to small businesses in Milwaukee from a revolving fund seeded by Town Bank and held on the books of a local CDFI. ... Read full article

Savings Bank of Walpole loosened up internal policies that had limited body art and cellphone use, and it created the position of community engagement coordinator, to connect with younger workers. ... Read full article

See the perks employees get at the 85 financial institutions that made our sixth annual Best Banks to Work For list. ... Read full article

After years of scant progress on diversity measures, Citigroup has created hard targets for raising the percentages of women and African Americans in management positions by 2021, according to an internal memo from Chief Executive Officer Michael Corbat. ... Read full article

Community bankers take pride in their personal touch with customers, but they must extend it to mobile platforms. A good start is creating digital hubs that let customers view their full financial picture in one place, a chief technology officer says. ... Read full article

Good old-fashioned commercial credit analysts are a dying breed, David Nicholson says. Community banks need them to stay competitive in C&I, but training courses have been cut back. So he’s on a mission to teach as many students as he can. ... Read full article

In recent weeks, several banks and fintechs have added new branches or new units, and in the process brought aboard new leadership. Here's a roundup of key hires. ... Read full article

The bank, which would be only the second to call the Motor City home, would hire 500 people there while maintaining most of its workforce in Midland. ... Read full article

Goldman’s next CEO pushes for more women in senior roles. Fifth Third’s program to retain new moms is working. And there’s good news and bad news at Bank of America, as it bulks up on female summer interns but pays out millions to an exec fired over sexual ... Read full article

The company, which is dealing with a lawsuit from the Federal Trade Commission tied to certain fees, hired Ronnie Momen from GreenSky as its chief lending officer. ... Read full article

A tighter labor market and declining demand for compliance employees are expected to slow down hiring at banks in the coming year. ... Read full article

After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees. ... Read full article

Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks. ... Read full article

As branches evolve to become more education-oriented, banks are taking their cues from retailers, hotels and other service sectors. ... Read full article

Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves. ... Read full article

To be future-proof, banks need data scientists, behavioral psychologists, experienced designers, and community advocates, King says. ... Read full article

The Israeli-owned company, which spent the last half-decade addressing stagnation, is open to acquisitions or going public. ... Read full article

Everyone agrees good corporate governance involves a board that is just the “right” size and has a “good mix” of knowledgeable insiders and independent watchdogs. But setting bright-line rules for banks as varied as M&T, Wells Fargo and Eastern Bank is ... Read full article