Work from home

UBS CEO says it’s hard to sustain culture working at home

09/22/20

Sergio Ermotti joined JPMorgan Chase's Jamie Dimon in expressing concern about the long-term consequences of remote work.

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NCUA awards credit unions $3.7M in grants and loans for pandemic relief

09/16/20

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments.

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Jamie Dimon sees long-term damage if people don’t get back to work

09/15/20

JPMorgan Chase's CEO says he fears productivity is slipping and that workers, particularly younger ones, are feeling alienated.

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‘We’re all the same size rectangle on the Zoom screen’

08/17/20

Vanessa Colella, innovation chief at Citi, says remote working has had a democratizing effect. She also touches on the types of technology Citi has been incubating, the startups it’s investing in and her efforts at fostering a culture of generosity.

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Core conversions go virtual amid pandemic

07/14/20

Switching core banking systems has long been done face to face, but the coronavirus has driven the process into the digital arena. The change could be permanent.

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Digital divide creating remote-work hurdles for banks, credit unions

07/08/20

The coronavirus pandemic has highlighted the issue of millions of Americans lacking access to high-speed internet at their homes. Financial services firms haven't been spared from this challenge.

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Financial services industry struggles to emerge from lockdown

07/07/20

Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.

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Citi pulls back on plans for office return in 13 states

07/01/20

The bank is rethinking its plans for bringing back worker in Texas, Florida and other states where new coronavirus cases are surging.

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House passes PPP revisions; on Otting's day of departure, a CRA reflection

05/29/20

The bill, which now goes to the Senate, would give small businesses greater flexibility in how they use the funds; not everyone's on board with Otting's signature achievement.

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Fannie, Freddie capital goals raised; credit card, auto loans eroding

05/21/20

The FHFA says the two government-sponsored enterprises need at least $240 billion of capital before they can go private; Transunion says more than 3% of consumer loans it tracks are in financial hardship.

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