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Citi Sells Consumer Banks in Indonesia, Malaysia, Thailand and Vietnam

Citi Sells Consumer Banks in Indonesia, Malaysia, Thailand and Vietnam

UOB will acquire Citi’s consumer banking franchises in the four countries
Ernst and Young Names Vice Chair of Americas Strategy and HSBC Appoints Two New Board Members

Ernst and Young Names Vice Chair of Americas Strategy and HSBC Appoints Two New Board Members

Also, Exchange Bank announces new vice president
First Financial Bank President to Join Federal Reserve Bank of Cleveland Board

First Financial Bank President to Join Federal Reserve Bank of Cleveland Board

Archie Brown has been president and CEO of First Financial Bank since 2018
ChoiceOne Bank hires CFO

ChoiceOne Bank hires CFO

First Republic Bank, 1st Security Bank and KodyPay have also announced senior hires
Valley Bank Names New President and First Farmers and Merchants Bank Appoints Chairman and CEO

Valley Bank Names New President and First Farmers and Merchants Bank Appoints Chairman and CEO

Plus: Regions Bank appoints financial services group leader
City National Bank Chairman Retires; Heartland Bank Names Market President

City National Bank Chairman Retires; Heartland Bank Names Market President

Plus: Federal Home Loan Bank of Pittsburgh appoints member director and SmartBank names three experienced banking professionals
SVB Private Bank Appoints Head of Relationship Management; National Cooperative Bank Names Acting CEO

SVB Private Bank Appoints Head of Relationship Management; National Cooperative Bank Names Acting CEO

Plus: Manulife appoints board of director and First Bank and Trust announces assistant vice president promotion
Bank of England fined by FDIC

Bank of England fined by FDIC

Bank was in violation of Section 5 of the Federal Trade Commission Act
Majority of Bank IT Executives Say Cloud Tech Will Help Achieve Goals

Majority of Bank IT Executives Say Cloud Tech Will Help Achieve Goals

Top drivers of cloud technology include cost reduction and artificial intelligence
Insider Fraud: Work From Home Changes Data Leakage Prevention Paradigm

Insider Fraud: Work From Home Changes Data Leakage Prevention Paradigm

Financial institutions and the businesses they serve need to add an additional layer of technology and step up their strategy
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