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News & Commentary
Content tagged with Management Strategies posted in November 2012
Wall Street Climbs on Optimism Over Fiscal Deal
News  |  11/29/2012
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
News  |  11/20/2012
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
News  |  11/20/2012
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
News  |  11/16/2012
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
News  |  11/15/2012
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
News  |  11/12/2012
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
Commentary  |  11/9/2012
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
News  |  11/7/2012
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
News  |  11/7/2012
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
News  |  11/6/2012
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
News  |  11/5/2012
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?
Commentary  |  11/2/2012
‘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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