American Banker's community impact winner for 2019 has been the driving force behind the Pittsburgh bank's $500 million investment in early childhood education and development. ... Read full article
The central bank will consider rules to create a tiered structure for supervising banks with over $100 billion of assets and to ease resolution plan requirements. ... Read full article
Democrats’ investigation of President Trump has darkened the horizon for legislative activity in Washington, but prospects for a pair of bipartisan measures backed by the industry are surprisingly bright. ... Read full article
Rohan Ramchandani claims in lawsuit Citigroup singled him out to protect itself; three federal agencies now back almost $7 trillion in mortgage debt. ... Read full article
Freddie Mac's test of artificial intelligence to make lending decisions could be a significant turning point in broadening the use of the technology. ... Read full article
When she was growing up, Thasunda Duckett's family used crates as furniture and struggled to buy groceries. Now she's become one of JPMorgan Chase's most visible executives, using the lessons of her past to help guide the company's ... Read full article
The agency’s Small Business Investment Company program is slumping, and Congress is pressuring its top executive, Joseph Shepard, to get it back on track or step aside. ... Read full article
Large financial institutions and trade groups are among the organizations targeted in the Democrat’s latest proposal to rein in corporate influence in Washington. ... Read full article
The new regulation will allow more flexibility for board directors and senior managers to serve at multiple institutions. ... Read full article
Banks need to understand that examiners' job is to call it like they see it. ... Read full article
Linderman helped build Zions Bank into a retail force and shaped the multistate retail strategy of its parent company, but she will best be remembered for opening countless doors for women and minorities. ... Read full article
Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says. ... Read full article
Jelena McWilliams told community bankers that policymakers should be a resource for banks trying to adopt new technology. ... Read full article
Incoming CEO Charles Scharf will remain in New York even though the bank's headquarters is in San Francisco. His hiring underscores the diminished importance of geographical proximity for executives at large banks. ... Read full article
Surety's first online bank, booyah, is aimed at college students and young grads. ... Read full article
By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation. ... Read full article
More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey. ... Read full article
There is no way to know exactly what the market will look like in 2023 or 2024 when FedNow debuts. We're working on a solution that can help our customers right away, says Luanne Cundiff, president and CEO of First State Bank of St. Charles in ... Read full article
The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market. ... Read full article
In a long and storied career, Barbara Desoer has helped shape two of the largest banks in the country, Bank of America and Citibank. The most striking detail? Her biggest role came after she 'retired.' ... Read full article
