News Topic: Recruiting

It’s good to be a business lender with a long contact list. Loan growth is weak and the talent pool has been shrinking, so banks big and small are paying top dollar to get an edge. ... Read full article

Royal Bank of Canada has found a unique solution to keeping its tech-savvy interns from moving on — using a new technology that matches young employees with more seasoned people to set up career mentoring chats over coffee. ... Read full article

Even as women make up an increasing share of potential clients in the private wealth sector, only a small percentage of financial institutions are reaching out to them. ... Read full article

David Ritchie, a regional manager for U.S. Bank, will succeed the retiring David Tabor in early November. ... Read full article

Salaries and benefits are up, as banks work harder to recruit and retain staff. So are casual days, wellness programs and other perks. ... Read full article

Bob Ramsey, who had worked for FBR Capital Markets for more than a decade, will handle investor relations and strategic planning at Customers. ... Read full article

Tel Aviv is home to some of the world's top cybersecurity talent, the bank said. ... Read full article

The film industry is painting an ugly picture of what life is like inside banks, and that could hurt banks' recruitment efforts. ... Read full article

With baby boomers moving into retirement and many young folks eschewing careers in banking, the industry could soon be facing a talent shortage. Are more banking degree programs the answer? ... Read full article

In a world where information overload can leave even the most decisive investor paralyzed, Candace Browning's focus is turning mind-numbing reams of data into actionable intelligence. ... Read full article

The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president. ... Read full article

The new business will advise Live Oak clients on how to structure and finance acquisitions. ... Read full article

The addition of John Stallings, who ran SunTrust's Virginia operations, is intended to make Union a more nimble institution, allowing CEO John Asbury to spend more time on strategic planning. ... Read full article

A new survey shows that jobs outside of Wall Street are becoming increasingly enticing to recent MBA graduates. ... Read full article

Atlantic Bay Mortgage Group has agreed to buy a majority stake in Virginia Community Bank in a rare instance of a nondepository mortgage company buying a bank, rather than the reverse. ... Read full article

Union Bankshares in Virginia lost several key lending officers after it bought StellarOne. Management as a result has made changes to minimize employee flight from its latest M&A target, Xenith Bankshares. ... Read full article

One of the biggest challenges after a merger is deciding which people to keep and which to let go. Learning to identify certain habits and skills could simplify those decisions. ... Read full article

Narcissistic biases can lead us to favor those who look like us or have similar backgrounds or other common bonds. This inevitably affects the quality of hiring and risk management decisions. ... Read full article