Content tagged with Management Strategies posted in November 2012
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Wall Street Climbs on Optimism Over Fiscal Deal
Indications that the government could reach a budget deal ahead of the upcoming "fiscal cliff" propelled stocks and investor confidence on Wall Street upward on Wednesday.
Credit Suisse Shuffles Top Execs as Merges Units
Credit Suisse said on
Tuesday its private banking arm would swallow its smaller asset
management unit to cut costs and announced a management shake-up
that raises the profile of those jockeying to succeed its
beleaguered chief executive.
JPMorgan Names Retail Finance Executive Lake as New CFO
JPMorgan Chase & Co named
little-known executive Marianne Lake as its chief financial
officer on Monday, making her one of the most powerful women on
Wall Street and the top ambassador to investors for the largest
U.S. bank.
Banks Seen Shrinking for Good as Layoffs Near 160,000
Major banks have announced some
160,000 job cuts since early last year and with more layoffs to
come as the industry restructures, many will leave the shrinking
sector for good as redundancies outpace new hires by roughly
two-to-one.
U.S. Mortgage Applications Rise on Sandy Rebound, Record Low Rates
Applications for U.S. home
mortgages jumped last week, rebounding after a massive storm
depressed applications on the East Coast and as a fall in
interest rates to a new low spurred demand, data from an
industry group showed on Wednesday.
Huntington Bank Scores Highest in Small Business Customer Satisfaction, Report Says
J.D. Power and Associates released a new report last week showing lower levels of customer satisfaction among small business banking customers than retail customers.
An Agile Workforce Helps Banks Face The Realities of An Increasingly Expensive Industry
Banks need to invest in new ways to generate revenues and improve customer satisfaction through better, more consistent service across emerging channels—while under intense pressure to improve operating costs and meet the growing range of compliance requirements.
Banks and Servicers Agree To Mortgage Relief for Sandy Victims
A number of mortgage lenders in New York State have agreed to waive late payment fees and postpone foreclosures for Sandy victims.
PNC Names New Head of Operations and Technology
PNC names new head of operations and technology; seasoned financial services IT executive Steven Van Wyk leaves ING to replace Vice Chairman Thomas Whitford, who is retiring.
U.S. Markets Want Clear Decision From Presidential Vote
Traders and investors seem to
agree on one thing about Tuesday's U.S. presidential election:
The markets want a clear winner by Wednesday morning.
Women Challenge Central Banking Men's Club
When the European Parliament
turned Yves Mersch down for a top central banking post, it
wasn't because he lacked the expertise or experience; they
rejected him because he is a man.
Can the Gamification of Training take Banking to the Next Level?
‘Gamification’ has increasingly become one of the latest buzzwords in business. From driving customer loyalty to tailored training programs – evidence of the trend is springing up in boardrooms across the globe, but is it a gimmick or could it be really be the next big thin
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Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.
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