In banking and basketball, it pays to be contrarian
The world is divided into those who pursue popular decisions that are more likely to fail and those who go against the crowd and end up having the last laugh. ... Read full article
The world is divided into those who pursue popular decisions that are more likely to fail and those who go against the crowd and end up having the last laugh. ... Read full article
Want to make your bank a top performer? Spending can be a more effective strategy for success than cost cuts, if done smartly. That’s the lesson from banks with $2 billion to $10 billion of assets. ranked here by three-year average returns on equity. ... Read full article
How do the top-performing banks continue to post double-digit returns, despite having the same serious profit-dampening challenges as their peers? The answer isn't exactly straightforward. ... Read full article
Barbara Yastine, who stepped down as head of Ally’s banking unit two years ago, has become a director of Zions in Salt Lake City. ... Read full article
Kirk Wycoff of Patriot Financial Partners will soon join PL Capital's Richard Lashley on the California company's board. ... Read full article
James Lally will succeed Peter Benoist as CEO of the $4.1 billion-asset company at its the annual meeting this spring. ... Read full article
The company, which provided few details about the possible fraud, plans to hold a conference call Friday. ... Read full article
The announcement comes a day after the company's board announced a series of corporate-governance improvements. ... Read full article
Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis ... Read full article
Larry Mazza, MVB’s chief executive, joined the board at BillGO. ... Read full article