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From DEI to DOI at JP Morgan Chase

From DEI to DOI at JP Morgan Chase

Internal memo stated last week that management is changing the word "equity" to "opportunity"
David V. Heald is Appointed to Board of Directors for Pacific Valley Bank

David V. Heald is Appointed to Board of Directors for Pacific Valley Bank

Heald is bound to make significant contributions in bank startups and leadership
Private Sector Workers’ Lack of Retirement Plans Could Be Opportunity for Regional Banks

Private Sector Workers’ Lack of Retirement Plans Could Be Opportunity for Regional Banks

57 million workers do not have access to a retirement savings plan through an employer
Danish Lender Nykredit To Takeover Spar Nord Bank

Danish Lender Nykredit To Takeover Spar Nord Bank

The proposed merger will create Denmark’s third-largest bank
Majority of U.S. Workers Received Pay Increase in Past 12 Months

Majority of U.S. Workers Received Pay Increase in Past 12 Months

However, three in five workers say their income hasn’t kept pace with price increases
Julius Baer and HSBC Hire New CEOs

Julius Baer and HSBC Hire New CEOs

Bank of Ireland also appointed Gavin Kelly to lead newly created division
Banking CEOs embrace AI amid workplace challenges

Banking CEOs embrace AI amid workplace challenges

The rapid implementation of AI within banking and financial markets institutions has caused a decline in workplace culture
Three Regulators Propose Ban of Incentive-Based Compensation Arrangements

Three Regulators Propose Ban of Incentive-Based Compensation Arrangements

The regulation aims to ensure leaders of financial institutions do not take on excessive risk
NYCB Receives $1 Billion Lifeline

NYCB Receives $1 Billion Lifeline

The bank’s deal with a group of investors adds four new directors to its board
Jobs Report Outperforms as Goldilox Economy Continues

Jobs Report Outperforms as Goldilox Economy Continues

Job growth was 216,000 and unemployment was at 3.7% while earnings also rose
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Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

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