Bank boss acknowledges error and pledges renewed commitment to improving Wells Fargo’s diversity work
Government Accountability Office evidence supports calls for streamlined forgiveness process – but time is running out for politicians to act
Moody’s declares global systemically important banks to be better prepared than rivals for an uncertain future
Annual savings of $4.3 million will be reinvested in digital offerings, the Chicago-based bank said
An ongoing review into past misconduct has delayed regulatory filings, threatening the bank’s status as a listed company
Plus: New lead director at JPMorgan Chase, and First Port City Bank promotes CFO to risk leadership role
The biggest three banks in the US also recorded the biggest drops in market capitalization in the year to August
Despite the Covid-19 pandemic, firms are still required to comply with Regulation Best Interest
Plus: HSBC USA appoints a new head of wealth, and Bank 34 co-CEO Jill Gutierrez retires
Merchants & Marine is expanding in Mississippi, while Woodforest National Bank is growing in North Carolina
