Workforce management

Branch transformation is a 'journey' at Bank of the West

09/25/17

The job descriptions of Bank of the West's branch employees are about to change substantially, so each of them is getting a 'passport' as a way to record the journey ahead.

[more]

Twice as likely to be promoted? How B of A's sponsorship program boosts diversity

09/25/17

Climbing the ladder at a large company can be daunting. At Bank of America, promising women and minority candidates are given personalized attention early on to give their careers a boost.

[more]

Best banks to 'woof' for

09/14/17

Life is “ruff.” Pets can make it easier. Here is how some of the Best Banks to Work For accommodate their employees’ furry pals.

[more]

Barclays puts in sensors to see which bankers are at their desks

08/18/17

The company says the tracking devices are a way to reduce office space and know when shared workstations are free, but "hot-desking" also raises questions about whether employees are being spied on.

[more]

OnDeck leans on cost cutting as losses narrow

08/07/17

The online lender said it is on track to hit its goal of becoming profitable by yearend. It also extended a partnership agreement with JPMorgan Chase.

[more]

Message to branch staff: Don’t fear automation

07/05/17

Whether it is a bank branch or an automated fast-food kiosk, talented and engaged employees will remain integral to future success.

[more]

RBC's job cuts are latest sign of strain among Canadian banks

06/21/17

Royal Bank of Canada, the country’s second-largest lender by assets, is cutting about 450 positions, mostly at its headquarters.

[more]

In latest sign of trouble, CAN Capital lays off 55 more employees

06/13/17

The New York firm, which offers high-cost credit to small businesses, has attributed its recent struggles to certain loans performing worse than had been expected.

[more]

Perking up: Banks make big changes in benefits to woo millennials

03/28/17

Financial institutions of all sizes are overhauling benefits policies and promoting work-life balance to better compete for millennial recruits with the hipper tech sector. The big changes include longer periods of paid time off for new parents.

[more]

Patriot National in Conn. names its next president

02/02/17

Richard Muskus Jr., who joined Patriot in 1995, previously served as the company's chief lending officer.

[more]