Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Market
News of the Competition (01/14/2013)
MADISON, Wis. (1/14/13)

  • No women were among the promotions of executives announced Monday by Citigroup CEO Michael Corbat (American Banker Jan. 11). The 13 executives currently reporting to Corbat are male. When Corbat announced the bank changes and promotions in a memo, the only woman mentioned was Sara Wechter, Corbat's new chief of staff, who held the same position for Chairman Michael O'Neill, the Banker said. Although male-dominated executive circles at large U.S. banks is nothing new, Citigroup appears to be an extreme example, with only one woman among it 24-member operating committee, the Banker said …
  • To better their bottom lines, small U.S. community banks are again attempting to streamline operations and reduce costs (American Banker Jan. 10). Several banks have instigated plans to cut long-term costs by upgrading technology, trimming work forces and pruning branch networks, the Banker said. However, management teams have had to return to the drawing board to reduce expenses, because compliance costs are rising and the interest-rate environment remains problematic, the Banker said …


RSS





print
News Now LiveWire
.@CUNA , trades unite to urge Congress on #datasecurity action http://t.co/gzmZGX9nfF
43 minutes ago
State of Wash. @dficonsumers has expanded its CAMEL ratings to include an "S" for interest-rate sensitivity.
1 hour ago
.@HUDgov tweets: Be sure to tune in tonight to watch @SecretaryCastro on @TheDailyShow with Jon Stewart http://t.co/B1L23NQaoJ
1 hour ago
.@NJCUL Southern Chapter meeting canceled due to the impending snowstorm
1 hour ago
.@CUNA staff preparing for today's #RBC2 webinar http://t.co/9rVX41DLfQ
2 hours ago