How a TD Bank teller laundered millions for $50 bribes
A recent case involving a former TD Bank teller provides a revealing insight into the inner workings of a multimillion-dollar money laundering scheme. Leonardo Ayala, 25, pleaded guilty to conspiracy to launder monetary instruments and the receipt of bribes by a bank employee, following a press release from the U.S. Attorney’s Office for the District […]
How ESOPs, 1042 rollovers are shaping RIA succession plans
With a growing share of financial advisors nearing retirement, succession planning has become a major challenge for the industry More than a third of advisors plan to retire within the next decade, yet most lack a defined timeline for transitioning ownership, according to Financial Planning survey data. The problem is compounded by financing concerns, with […]
Wells Fargo to pay CEO Scharf $40M for 2025
Charlie Scharf’s Compensation Reaches $40 Million in 2025 Two years ago, Charlie Scharf was not among the CEOs earning $30 million annually. However, his compensation has now reached the $40 million mark, placing him in an elite club of high-earning executives. Factors Influencing Compensation Wells Fargo’s board approved a $40 million compensation package for Scharf […]
Unity CEO switch bought forward
Danny Pavisic Steps Down as Unity Bank CEO In a surprising move, Danny Pavisic, Unity Bank’s long-standing CEO, has stepped down from his role more than a month ahead of his scheduled departure. This unexpected departure comes amidst a period of change for Unity Bank, as it continues to adapt following its merger with G&C […]
FICO, Tech Mahindra form global alliance to speed AI decisioning for banks
Analytics Software Provider FICO Collaborates with Tech Mahindra to Streamline AI-Driven Decisioning FICO and Tech Mahindra’s collaboration aims to streamline core banking systems with a single AI-driven decisioning layer. Credit: SuPatMaN/Shutterstock.com. FICO, a leading analytics software provider, has recently announced its global collaboration with Tech Mahindra. This partnership aims to leverage advanced analytics and AI-driven […]
Citi says Sieg targeted by harassment claims to avoid arbitration
Sieg’s Behavior at Citi Raises Legal Questions Former Citi employee, Carreon, faced legal issues due to her behavior at the company. Complaints were raised by both male and female colleagues regarding her conduct. It was reported that she implied to other employees about her close relationship with Mr. Sieg, suggesting she had the power to […]
The ex-Morgan Stanley VP with a wealthy wife
President Trump Nominates Kevin Warsh as Federal Reserve Chairman President Trump has announced his nomination of Kevin Warsh as the new chairman of the Federal Reserve, a decision that has garnered significant attention and praise from various influential figures. According to reports from the FT, prominent individuals such as ex-Goldman Sachs CEO Lloyd Blankfein, Jamie […]
Lead Software Engineer, Salesforce (Bank Tech)
Capital One: Pioneering in the Tech Space as Lead Software Engineer, Salesforce Capital One, an established leader in the financial and technological sectors, is seeking experienced and passionate Salesforce Software Engineers to join their ranks. This opportunity promises an exhilarating experience, allowing engineers to drive a major transformation within the company. If you have a […]
Consumer and Business Banking Senior Relationship Banker, Main Street, Reading, MA
Consumer and Business Banking Senior Relationship Banker: A Key Role in Santander’s Customer-Centric Transformation As one of the world’s leading financial institutions, Santander is driving a customer-centric transformation to evolve from a high-impact brand into a technology-driven organization. This transformation is not just a strategic shift. It’s a chance for driven professionals to grow, learn, […]
Senior Manager, Project Management| Retail Bank
Capital One: A Beacon of Financial Stability and Innovation Capital One, a renowned Fortune 500 company, stands as one of the top 10 banks in the United States. Its reputation is built on a diverse range of financial products and services catering to a wide audience, including consumers, small businesses, and commercial clients. As a […]