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
.@NACHAOnline report: ACH volume increases to 23B payments in 2014 http://t.co/va2WYMh4Zv
1 day ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers: http://t.co/CPSgTNgwmm
1 day ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow http://t.co/hhPj5v5AH3
1 day ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow http://t.co/yfoZHAMlZc
1 day ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU http://t.co/cgF5o83XlK
1 day ago