BofA to hire 10,000 workers from low-, moderate-income neighborhoods
In a new initiative announced Friday, Bank of America said that it will work with several nonprofits to source a pipeline of local talent in its markets. ... Read full article
In a new initiative announced Friday, Bank of America said that it will work with several nonprofits to source a pipeline of local talent in its markets. ... Read full article
Umpqua Bank has hired veteran lender Tom Farrell to help it grow its homebuilder finance group in California. ... Read full article
Financial institutions have spent time and money to try to make their branches and digital services more accessible, but Fifth Third and TD Bank are among employers working with the nonprofit Project SEARCH to meet an overlooked need: finding jobs for ... Read full article
Black workers are now down to about one in ten U.S. employees inside Citigroup, according to 2017 figures in a report published on its website. ... Read full article
More than a third of banks formed from 2006 to 2008 no longer exist. Leaders of three banks still in business share their tips on how they have remained open — and relevant. ... Read full article
A competitive job market and improved security protocols are pushing more banks to consider letting employees work remotely. ... Read full article
Gary Shook, who led Middleburg Financial before its sale to Access National, has become president of Blue Ridge's bank. ... Read full article
In addition to his highly publicized comments on trade and other political issues, the CEO of JPMorgan Chase used his annual letter to underscore the importance of job training for low-wage workers and call attention to an FDIC proposal that encourages ... Read full article
Traditional financial institutions would gain from adopting the innovative, consumer-focused mindset Amazon promotes. Hiring executives away from the e-commerce giant could help. ... Read full article
The Portland, Ore., company has hired four private bankers from City National as part of a broader effort to provide a full range of services to business owners and high-net-worth households in Orange County and San Diego. ... Read full article
As the economy strengthens, more banks are facing pressure to pay up for the best lenders and tech specialists. ... Read full article
You read that right. Community bankers hope efforts by JPMorgan Chase, Amazon and Berkshire Hathaway will drive down health care costs — and maybe create products or services they can use. ... Read full article
Hadley Robbins had a difficult task stepping in after Melanie Dressel's unexpected death last year. Now he must find ways to keep expanding without disrupting a system that has proved successful. ... Read full article
Kim Manigault, who previously was chief financial officer for the company’s technology and operations organization, will be responsible for ensuring that Key continues to make diversity and inclusion a priority in hiring. ... Read full article
Jose Vazquez Jr., who previously worked for Popular Community Bank, will oversee commercial lending and treasury management services. ... Read full article
How new developments on many fronts are going to affect the banking business in the coming year and beyond — and what they can do to prepare. ... Read full article
Several women are viewed as possible successors for a retiring William Dudley. Pam Codispoti has plans to up the millennial appeal of Chase’s 5,200 branches. What’s hot in fintech for 2018? Plus, the year of #MeToo in review. ... Read full article
Helping young employees pay down student debt is a more meaningful benefit than pingpong tables at work or free beer. ... Read full article
Finding a perfect candidate could be tricky. Because the New York Fed oversees banks and operates in markets, someone with Wall Street experience is ideal — yet at the same time, it’s important to find a candidate who isn’t beholden to the banks. ... Read full article
Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought. ... Read full article