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Comerica hires risk exec, Huntington names wealth management chief
26+ min ago —...Former Silicon Valley Bank exec Floyd Kessler joins Comerica as executive... ...vice president and chief business control officer; Melissa Holding... ...when identity thieves targeted her, highlighting shortcomings in bank-fraud... ...The embedded banking services Amazon offers to third-party sellers...
americanbanker.com > news
American Banker news quiz: May 3
4+ hour, 26+ min ago —..., the failure of Republic First Bancorp, bank acquisitions and more... ...Nearly 15 years ago, Les Lieberman and other organizers of Porticoes... ...The embattled Long Island bank unveiled a turnaround plan that involves... ...identity thieves targeted her, highlighting shortcomings in bank-fraud...
americanbanker.com > news
Secrets of a 'turnaround guy"
12+ hour, 56+ min ago —...Desmond, managing partner at New England Consulting Partners, describes... ...One of the hires, Jamin Hutchins, will lead a new office in Boca... ...He joined the Turnaround Management Association, the Secured Finance... ...Similarly, Alan Tantleff, a senior managing director at FTI, a prominent...
americanbanker.com > opinion
'Well-capitalized' banks keep failing; it's time for a reality check
23+ hour, 56+ min ago —...Just as with Silicon Valley Bank and First Republic, however, regulatory... ...On Friday April 26, the FDIC closed Republic First Bank in a failure... ...clearly insolvent banks: Silicon Valley reported $13.7 billion in... ...The last time the Federal Reserve boosted rates to fight inflation...
americanbanker.com > payments > news
JPMorgan details its invisible role with Amazon — and others
20+ hour, 41+ min ago —...Morgan Payments. ... ...With 23 global tech centers, JPMorgan Chase is rarely shy about advertising... ...JPMorgan Chase has longstanding public ties to Amazon; for more than... ...Morgan Payments' embedded payments to send weekly payouts to third-party...
americanbanker.com > list
15 most recent bank failures
1+ day ago —...and taken over by the Federal Deposit Insurance Corp.... ...Republic Bank and Silicon Valley Bank, two of the institutions that... ...Mark Warren and Thom Tillis have introduced the Secure Artificial... ...Catch up on the latest bank failures: The embattled Long Island bank...
americanbanker.com > news
Fannie Mae single-family volume drops close to 24-year low
2+ day ago —..., chief financial officer, in an earnings call.... ...Fannie Mae struggled with single-family loan purchase volume in the... ...Michigan State University Federal Credit Union is working with the... ...Will CEO Jane Fraser succeed where her predecessors failed in pushing...
americanbanker.com > news
Rep. Hill takes aim at Biden administration's moves on fintech
2+ day ago —...French Hill, R-Ark., the vice chairman of the House Financial Services... ...Hill, who also serves as the chairman of the House Financial Services... ...the previous day with Consumer Financial Protection Bureau Director... ...French Hill, the No. 2 Republican on the House Financial Services...
americanbanker.com > news
Citi, Wells Fargo shareholders reject proposals on Indigenous rights
2+ day ago —...submitted by American Baptist Home Mission Societies and six co-filers... ...St. Joseph of Peace in New Jersey and other investor nuns.... ...In addition to the votes Tuesday at Citi and Wells Fargo, JPMorgan... ...Sister Susan Francois of the Sisters of St....
americanbanker.com > opinion
The failure of Republic First is a blip — in a rising tide of blips
2+ day ago —...Leo Tolstoy famously said in Anna Karenina: "All happy families are... ...by Fulton Bank, a $27 billion-asset rival based in Lancaster, Pennsylvania... ...But when much smaller New York Community Bank acquired the assets... ...After all, as Tolstoy also said in Anna Karenina: "It's much better...