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Appointments Roundup: Metropolitan, Customers and MUFG Union Bank

Appointments Roundup: Metropolitan, Customers and MUFG Union Bank

This week’s top moves include new C-suite roles at NY-based Metropolitan and a new CEO at FHLBank Chicago
Bank Initiatives Promise to Address Inequalities

Bank Initiatives Promise to Address Inequalities

US Bank and Standard Chartered have pledged more than $1.2 million as banks continue to work on tackling racial inequality
Coastal Community Bank Partners with Google Pay for Mobile Accounts

Coastal Community Bank Partners with Google Pay for Mobile Accounts

Washington’s Coastal Community Bank is to launch digital accounts next year with the help of Google Pay
ABA Urges Support for PPP Forgiveness Bill

ABA Urges Support for PPP Forgiveness Bill

Support comes as Republicans have proposed another $60 billion for the small business loan fund
The Numbers Behind the Collapse in M&A Deals in 2020

The Numbers Behind the Collapse in M&A Deals in 2020

Delayed and abandoned transactions punctuated a weak period for activity in the first half of the year, says PwC
First Horizon Continues M&A with Truist Branch Purchases

First Horizon Continues M&A with Truist Branch Purchases

First Horizon has acquired 30 North Carolina branches from Truist, adding $2.3 billion in deposits
Five Star is Latest Bank Consolidating Branches as Visits Drops

Five Star is Latest Bank Consolidating Branches as Visits Drops

The New York-based bank will close six branches and merge them into other existing premises after a multi-year fall in in-person visits
Mutual of Omaha Rebrands to Remove Native American Imagery

Mutual of Omaha Rebrands to Remove Native American Imagery

The $50 billion bank will also invest in training programs for staff and take proactive measures to improve recruitment and supplier diversity
How Wells Fargo is Repurposing PPP Fees in Support Fund

How Wells Fargo is Repurposing PPP Fees in Support Fund

The bank has put all the fees it generated from the PPP into the pandemic recovery fund
OCC: COVID-19 ‘Not an Excuse for Branch Closures’

OCC: COVID-19 ‘Not an Excuse for Branch Closures’

The new comptroller has warned banks not to use the coronavirus pandemic as a cover for cutting services
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