Umpqua names Tory Nixon as its first chief banking officer
Previously the head of commercial banking, Tory Nixon — also a former NFL cornerback — will now oversee the bank's digital strategy. ... Read full article
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Umpqua beefs up wealth business in Southern California
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
Umpqua forms investment bank to advise on M&A, capital raises
Umpqua has taken a cue from other regionals that have found success in investment banking. ... Read full article
What’s ‘human digital banking’? Umpqua’s O’Haver explains
Cort O’Haver, the successor to Ray Davies at Umpqua, has a plan to preserve human relationships in mobile and online banking. ... Read full article
Mortgages, tech expense create drag at Umpqua
Net income for the Oregon regional bank was $61.3 million, a slight decline from the same quarter last year. It earned 28 cents per share and fell short of analysts’ expectations, ... Read full article
When your teller is also your digital banker
Umpqua Bank is testing a system that would make text-chat, video and voice banking more personable by staffing them with branch workers during their down time. ... Read full article
Umpqua hires first chief risk officer
The Oregon bank has expanded the role of its chief credit officer to include oversight of risk management. ... Read full article
Umpqua’s innovation arm signs two global partnerships
Pivotus, the software business run by the bank’s former CEO, collaborates with financial institutions from Australia to the Netherlands. ... Read full article
Umpqua announces ‘NextGen’ plan to boost profitability
The Portland, Ore., company outlined a plan to boost its return on tangible common equity to between 13-15% by 2020. More details will be provided by fall, executives said. ... Read full article