Strategic planning

Buffett inches toward Wells Fargo exit as Scharf sets course


Warren Buffett isn't known to ask much of companies in which he buys stock. Then last year, as Wells Fargo's top investor, he publicly advised the board not to hire a leader from Wall Street — and it did. What ensued shows what can happen when a company rejects the legendary investor's advice.


Goldman shakes up units in fresh push to win over investors


Goldman Sachs Group shuffled its business lines and announced a raft of management changes, carving out new divisions aligned with a strategy pivot unveiled earlier this year.


Santander US names chief strategy officer


In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.


N.Y. Fed close to filling market ops spots; Subprime auto-backeds rev up


The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”


Two D.C. firms that have ear of bank execs form alliance


Treliant and Federal Financial Analytics have established a one-stop shop to guide financial institutions through uncertain business and policy times.


What sets industry's top performers apart


The most profitable banks in American Banker’s annual rankings frequently produce year after year. That success requires rigorous budgeting and planning, timely analysis and more.


Lindsay Lawrence, First Foundation Bank | Most Powerful Women: Next


Give Lindsay Lawrence a big job to do and she just might find a way to make it even bigger.


Wells Fargo's new timeline to escape asset cap: There isn’t one


The San Francisco bank is under pressure from investors to get out from under a Fed-imposed asset cap and to hire a new permanent CEO. But executives said Friday that thoroughness is more important than speed.


With lawyer as interim CEO, Wells Fargo looks to mend fences with regulators


The bank's decision to select its general counsel as successor to Tim Sloan, albeit on a temporary basis, focused attention on its frayed relationships with the Federal Reserve and the OCC.


Regions not budging on M&A, despite rivals’ megadeal


CEO John Turner told investors and analysts Wednesday that the merger of BB&T and SunTrust is not putting pressure on Regions to pursue a deal of its own.