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  • 1 day ago | americanbanker.com | Allissa Kline

    BMO Financial Group is shuffling leadership roles in its North American personal and business banking group and hiring a longtime Bank of America executive to oversee three stateside businesses. Starting in early July, Aron Levine will serve as group head and president of BMO U.S. He will lead the company's U.S. personal and business banking, commercial banking and wealth management units, the Toronto-based bank said Thursday in a press release.

  • 2 days ago | today.westlaw.com | Allissa Kline

    BMO Financial Group is shuffling leadership roles in its North American personal and business banking group and hiring a longtime Bank of America executive to oversee three stateside businesses. Starting in early July, Aron Levine will serve as group...

  • 2 days ago | americanbanker.com | Allissa Kline

    Banks are retreating from the practice of tying executive compensation to diversity goals, marking yet another blow to the diversity, equity and inclusion movement in corporate America. The pullback has been swift.

  • 3 days ago | today.westlaw.com | Allissa Kline

    Banks are retreating from the practice of tying executive compensation to diversity goals, marking yet another blow to the diversity, equity and inclusion movement in corporate America. The pullback has been swift. A new analysis of 2024 executive pay...

  • 3 days ago | americanbanker.com | Allissa Kline

    Citigroup is scrapping a pro-gun-safety policy and updating certain policies to bar discrimination based on political affiliation — moves that come as conservative groups flex their power in Washington, D.C. The megabank, which established firearms sales restrictions for its business clients in 2018, told its employees in an internal memo Tuesday that it will "no longer have a specific policy as it relates to firearms." Citi set the policy in the wake of the mass shooting at Marjory Stoneman...

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Allissa Kline
Allissa Kline @AllissaKline
1 Aug 23

What is a bank's responsibility to the communities it serves, including the deeply segregated neighborhood in #Buffalo that was the target of a racially-motivated mass shooting? A complex question to answer in the aftermath of such tragedy. @AmerBanker https://t.co/3VnHaZys10

Allissa Kline
Allissa Kline @AllissaKline
15 Mar 23

Worth reading this "what's going on with the banks" thread by @polorocha18, who offers useful context about deposits, investments in bonds and how those two factors played into last week's collapse of Silicon Valley Bank. @AmerBanker

Polo Rocha
Polo Rocha @polorocha18

What’s going on with the banks lately? A numbers-lite and hopefully easy-to-understand explainer now that things have settled a bit. (Focused on Silicon Valley Bank, missing some stuff & at times oversimplified!)

Allissa Kline
Allissa Kline @AllissaKline
27 Oct 22

New York Community Bancorp — whose last attempt at bank M&A ended with both parties walking away — is still waiting to get its latest proposed deal across the finish line. #3Q #earnings @AmerBanker https://t.co/505Out73sU