Synovus hires former Regions execs to form affordable housing business
The additions come as the Georgia regional looks to maintain momentum in commercial lending. ... Read full article
The additions come as the Georgia regional looks to maintain momentum in commercial lending. ... Read full article
David Hanrahan had been CEO of Capital Bank of New Jersey, which was sold last year to OceanFirst Financial. ... Read full article
The bank is offering big bonuses to hire new financial advisors; recent share repurchases have raised the cost of future rebuys. ... Read full article
The Georgia bank's operating costs rose in the fourth quarter, but executives sought to assure shareholders that investments will produce revenue growth in the long run. ... Read full article
For small regionals like Atlantic Union and F.N.B., the biggest opportunity to snag customers will come when the rebranding of BB&T and SunTrust branches begins next year. ... Read full article
Banks had the highest turnover of chief compliance officers among the 100 largest financial services firms in the world, according to a recent study. Recruiters say that’s a function of changing job demands, high pressure and poaching by fintechs — plus ... Read full article
Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities. ... Read full article
Howard Bancorp is planning a big push in CRE lending, first in its hometown of Baltimore and eventually in Washington. ... Read full article
Jim McLemore has a new job just three months after orchestrating MidSouth's sale to Hancock Whitney. ... Read full article
Readers react to the FDIC's proposal allowing banks to hire ex-cons, regulators looking into climate-change risk at banks, whether rewards programs drive loyal customers and more. ... Read full article
While layoffs at big banks get the headlines, small and midsize lenders are also trimming payrolls in response to lower rates and fears that a recession is getting closer. ... Read full article
It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention. ... Read full article
The company has recruited bankers from Wells Fargo, Deutsche Bank and smaller firms to expand its corporate banking team that serves financial technology clients. ... Read full article
The nation's largest bank is hiring former prisoners for entry-level jobs and funding a policy center whose mission will be to help adults with criminal histories reenter the workforce. ... Read full article
Large banks will have less onerous capital rules and stress test requirements; the president’s main lender said it has other returns, but not the president’s. ... Read full article
Goldman’s consumer unit, Marcus, has so far lost $1.3 billion; big lenders like JPMorgan Chase and Amex are making loans for small-ticket items like clothes and cosmetics. ... Read full article
The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs. ... Read full article
The California company said it has no timeline for Russell Colombo's expected retirement. ... Read full article
A seller's assets and deposits lose some luster if the best and brightest who helped bring in the business leave after a deal closes. ... Read full article
Its new training program will try to make commercial bankers out of professionals who left the workforce and want back in. It is another example of a bank getting creative in a tight job market. ... Read full article