Caitlin Mullen

1 day ago | bankingdive.com | Caitlin Mullen

Bank of America veteran Aron Levine will become group head and president of BMO U.S., effective July 7, the Canadian bank said Thursday. Levine’s role is a new position at BMO, a bank spokesperson said. Levine left BofA in April, after spending more than three decades in various roles at the bank. Additionally, Ernie (Erminia) Johannson – who has led BMO's North American personal and business banking group since 2020 – intends to retire from BMO in early 2026, the bank said.

2 days ago | facilitiesdive.com | Caitlin Mullen

To Bank of America, it’s become clear that “you have to be proximate to your clients,” said Will Smayda, the lender’s head of financial centers. “They may or may not visit you,” he quickly added. But the bank’s presence affirms its commitment to a community, and “there’s a brand value” with that, Smayda said. Even as 90% of the bank’s client interactions now occur digitally, “proximity is still important to people, and I think it will be, into the future,” he said during an interview last week.

3 days ago | bankingdive.com | Caitlin Mullen

The Federal Reserve has lifted the asset cap that Wells Fargo has operated under since 2018, determining that the lender has met all conditions required for the growth restriction’s removal, according to a news release Tuesday.

3 days ago | bankingdive.com | Caitlin Mullen

Sanoke Viswanathan, JPMorgan Chase’s CEO of international consumer and wealth, is leaving the bank to become CEO of FactSet in September, the data and software firm said Tuesday. Marianne Lake, the lender’s CEO of consumer and community banking, will assume leadership of international consumer banking and the bank’s strategic growth office, JPMorgan CEO Jamie Dimon and President Daniel Pinto wrote in a Tuesday memo to employees, seen by Banking Dive.

3 days ago | bankingdive.com | Caitlin Mullen

To Bank of America, it’s become clear that “you have to be proximate to your clients,” said Will Smayda, the lender’s head of financial centers. “They may or may not visit you,” he quickly added. But the bank’s presence affirms its commitment to a community, and “there’s a brand value” with that, Smayda said. Even as 90% of the bank’s client interactions now occur digitally, “proximity is still important to people, and I think it will be, into the future,” he said during an interview last week.