banking Archives - CFO

CFOs Must Decide Whether to Stay With ‘Bridge’ Banks

CFOs Must Decide Whether to Stay With ‘Bridge’ Banks

The new CEO of Silicon Valley Bridge Bank says it is honoring credit lines and making new loans.

By Vincent Ryan | March 15, 2023

The U.S. Banking System: Origin, Development, and Panics

Banking & Capital Markets

The U.S. Banking System: Origin, Development, and Panics

Central banking in the U.S. has drastically evolved over time but not without its failures.

By Ted Jackson | February 14, 2023

Why APIs are the Future of Business-to-Bank Connections

Cash Management

Why APIs are the Future of Business-to-Bank Connections

Treasurers and CFOs are pushing banks for technology that enables real-time balances and payments.

By Vincent Ryan | November 2, 2022

Machine Learning Advances the Cash Forecast

Machine Learning Advances the Cash Forecast

Treasurers assess what machine learning can and cannot yet do for cash forecasting.

By Vincent Ryan | October 31, 2022

Banks Ease C&I, Residential Lending Standards

Credit & Capital

Banks Ease C&I, Residential Lending Standards

The easing reflected "a more favorable or less uncertain economic outlook" and heightened competition.

By Matthew Heller | August 3, 2021

Square Debuts Small Business Banking Platform

Credit & Capital

Square Debuts Small Business Banking Platform

The suite of financial products are designed to help small business owners manage their cash flow.

By Lauren Muskett | July 20, 2021

JPMorgan Chase Names Jeremy Barnum CFO

JPMorgan Chase Names Jeremy Barnum CFO

Barnum takes the place of Jennifer Piepszak, who was named co-head of the bank's consumer and community banking business.

By Vincent Ryan | May 18, 2021

Banks Paused Tightening in Q4

Mergers & Acquisitions

Banks Paused Tightening in Q4

Many U.S. financial institutions left loan standards unchanged for business and real estate credits, as demand weakened.

By Matthew Heller | February 2, 2021

Wells Fargo Announces $2.4B Loss, Dividend Cut

Financial Performance

Wells Fargo Announces $2.4B Loss, Dividend Cut

“We are extremely disappointed in both our second-quarter results and our intent to reduce our dividend,” CEO Charlie Scharf says.

By Matthew Heller | July 14, 2020

OCC Cannot Grant Special Bank Charters to Fintech Companies

Risk & Compliance

OCC Cannot Grant Special Bank Charters to Fintech Companies

Tech startups trying to become banks can no longer expedite the process with a fintech charter.

By Lauren Muskett | October 24, 2019

Legacy Banks Are Threatened – Unless They Fight Back

Legacy Banks Are Threatened – Unless They Fight Back

Leading financial institutions still have the opportunity to create a new kind of bank, one that is more than just what the new challengers promise.

By Vincent Ryan | October 21, 2019

JPMorgan Chase Names New CFO; Lake to Head Consumer Lending

JPMorgan Chase Names New CFO; Lake to Head Consumer Lending

The CEO of card services, Jennifer Piepszak, inherits the CFO spot from Marianne Lake, who was appointed CEO of consumer lending.

By Vincent Ryan | April 18, 2019

Citigroup Profits Beat Estimates, But Revenue Misses

Investment Banking

Citigroup Profits Beat Estimates, But Revenue Misses

A lower effective tax rate gave the bank a significant net income boost.

By William Sprouse | July 13, 2018

Deutsche Bank Announces Job Cuts; Chair Survives Removal Vote

Risk & Compliance

Deutsche Bank Announces Job Cuts; Chair Survives Removal Vote

Most of the cuts will be in Deutsche’s corporate and investment bank, in particular equities sales and trading personnel.

By William Sprouse | May 24, 2018

Advice to CFOs: Strike While Bankers Are Optimistic

Mergers & Acquisitions

Advice to CFOs: Strike While Bankers Are Optimistic

Here are three reasons why your company's chances of getting a loan may be better than they have been in awhile.

By Vincent Ryan | February 28, 2018