Warner: Directive to lay off CDFI staff likely came from OMB
Senator Warner Claims OMB Directed CDFI Layoffs Senator Mark Warner, a Democrat from Virginia and co-chair of the Community Development Finance Institutions (CDFI) caucus in Congress, has expressed his belief that the order to lay off the entire staff of the Community Development Financial Institution Fund came from the Office of Management and Budget (OMB). […]
Why credit unions are paying employees to do volunteer work | Credit Union Journal
Paid Time Off for Volunteer Work: A Growing Trend Among Credit Unions When we think of paid time off, we often associate it with relaxation and vacation. However, a new trend is emerging among credit unions, where employees are using their PTO not for rest, but to serve their communities. The Rise of Volunteer Time […]
NCOA Research: Wealth has major influence on life expectancy
Estimating a client’s life expectancy is a core part of retirement planning, but the ways in which financial advisors reach that projection can vary significantly from person to person. Some use actuarial tables, others family history. Now, new research suggests another factor to consider: wealth itself. To measure the impact of income on mortality, researchers […]
FSB’s Schindler highlights shift in focus for standard setters
Shift in Priorities: Finance Ministries Now Focus on Promoting Growth John Schindler, the secretary-general of the Financial Stability Board (FSB), has highlighted a crucial shift in the focus of the board’s members. In recent years, these members, predominantly finance ministries, have been placing an increasing emphasis on promoting economic growth, a trend that marks a […]
Business Banking Specialist | Evansville, IN, USA
Role and Responsibilities of a Business Banking Specialist The Business Banking Specialist plays a transformative role in the financial industry by focusing on maintaining and cultivating client relationships while simultaneously stimulating new business. This aligns with the branch and company’s objectives to drive growth, boost customer loyalty, and fortify the organization’s community presence. Their responsibilities […]
ESSA Bank, Universal Associate, Full-Time
Unveiling the Role of Universal Associates in the Banking Sector Universal Associates are a key component in the financial sector, serving as the backbone of customer service in banking. Their role is multi-faceted, requiring them to have a diverse skillset and a strong commitment to delivering exceptional customer experiences. This full-time job encompasses a wide […]
India targets streamlined banking sector with planned PSB mergers
India’s Public Sector Banking Consolidation: A Strategic Move In an ambitious move to restructure the public sector banking (PSB) sector, the Indian government is reportedly planning another wave of consolidation. According to Moneycontrol, the underlying goal of this initiative is to integrate smaller state-owned banks with their larger counterparts, thereby creating financial institutions capable of […]
CNB Bank, Universal Associate, Full Time
Introduction Universal Associates are the backbone of modern banking. These exceptional individuals provide customers with a unique and personalized banking experience. They are not only hardworking and self-motivated, but they also have a positive attitude that resonates with everyone they interact with. Universal Associates are empowered to recommend solutions that best fit the individual needs […]
Citi rolls out AI prompt training requirement to most staff
The Importance of AI Training in the Workplace In a move to enhance its technological capabilities, Citi has mandated that the majority of its workforce undergo training in artificial intelligence (AI). Tim Ryan, Citi’s head of technology and business enablement, announced this initiative in a recent LinkedIn post. The training is designed to improve the […]
Merrill, BofA Private Bank lean on lending for revenue high
Merrill and other parts of Bank of America’s wealth management business rode a surge in lending and other services provided to clients to a revenue record in the third quarter of 2025. Merrill and Bank of America Private Bank, which together make up Bank of America’s global wealth and investment management business, reported Wednesday that […]