Jordan Stutts

夏は野球です https://t.co/q5tJiMQ87b

A new California law that took effect at the start of the year bans small-business lenders from charging certain types of fees that the legislation's advocates say can be predatory and misleading. https://t.co/3rxhuWSIE2

Corrected: Regions Bank unwittingly invited a surge in check fraud last year https://t.co/flGr4SkprH

While the largest U.S. banks’ disclosures in 2023 could set new industry standards, certain smaller institutions also improved their climate reporting. Here’s a look at how some banks expanded their voluntary climate disclosures this year. https://t.co/vr5bPRs0uR

Several Fifth Third Bancorp executives will have new responsibilities after ringing in the new year. CEO Tim Spence will chair the bank’s board of directors, and CFO Jamie Leonard will serve as chief operating officer. https://t.co/q6Ys9MaOY3

Left-leaning shareholder groups are asking JPMorgan Chase, Goldman Sachs and other large asset managers to explain a recent decline in their support for certain environmental and social policies at public companies. https://t.co/QS6dM1fDpG

With the Latino market poised for big growth, U.S. banks have an opportunity to gain market share by attracting an underserved population of both consumers and business owners. https://t.co/VqOfAnPh58

Once the pace of private equity-backed sales of middle-market companies picks up, Citizens Bank expects to benefit. CEO Bruce Van Saun says that recent expansions in private banking, wealth management will provide opportunities to cross-sell to clients. https://t.co/ZA9ntmVa5X

Bank of New York Mellon is hiking its minimum wage 12.5%, offering stock options to a wider range of employees and expanding well-being programs amid a tight labor market and increasing demand for employee benefits. https://t.co/xA91UugK66

CIBC expects losses from its office-related commercial real estate portfolio to continue into next year. The bank reported a 70% decline in profits at its US commercial banking/wealth management unit in the most recent quarter, boosted reserves. https://t.co/radi7FWO7m

RT @AmerBanker: Charlie Munger was known for his blunt, sometimes unpopular comments and his steadfast loyalty to certain companies, such a…

The chief executives of several regional banks say that fraud risks and regulatory uncertainties are making them reluctant to fully embrace real-time payments just yet. https://t.co/v6mk44jVJx

Citigroup has settled allegations by the Consumer Financial Protection Bureau of discrimination against Armenian Americans in California — activity the bank says was limited to a few employees who sought to prevent criminals from committing fraud. https://t.co/p0DGafBYjs

The Treasury Department is formalizing the expansion of a whistleblower program to incentivize referrals of potential violations of U.S. sanctions and export controls at financial institutions. https://t.co/jEYaXsIcFE

Banking executives anticipate that loan demand will remain muted over the next 12 months, according to a new industry. That finding lines up with bankers' expectation that rates won't start declining until at least the second half of 2024. https://t.co/FXi2zEq6RH

Cullen/Frost Bankers reported a 14% increase in noninterest expenses and a 7% jump in loans. "We're not trying to be successful by shrinking," said CEO Phil Green. https://t.co/WzxMOL7xBU

RT @NatMortgageNews: Losses related to fraud at Regions were up by around 40% year over year during the third quarter, @RegionsBank CEO Joh…